National Security Space Association Inc

Analysis

National Security Space Association Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Security Space Association Inc reported income of $2.3m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $2.3m (+1280%), an average of +93% a year. The sharpest change came in the year to December 2022, when income rose by 220%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Security Space Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Science Mill ($2.2m), Larta Institute ($2.3m) and State of Alabama Ballet Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $150k (6.6% of expenses). At year end it held assets of $762k against liabilities of $340k, net assets of $422k.