Pink Space Theory

Analysis

Pink Space Theory is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in July 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pink Space Theory reported income of $82k and spending of $64k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $82k (-3.4%), an average of -3.4% a year. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pink Space Theory sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Black Warrior Telecommunications Consortium Inc ($82k), Ventura County Master Chorale and Opera Association Inc ($82k) and Pigment International Foundation ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.