Douglas Space and Science Foundation Inc

Analysis

Douglas Space and Science Foundation Inc is a registered charity in United States, based in Layton, UT. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Douglas Space and Science Foundation Inc reported income of $142k and spending of $133k, spending 94% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $77k to $142k (+86%), an average of +86% a year. The sharpest change came in the year to September 2023, when income rose by 86%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Douglas Space and Science Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within UT. Charities of a similar size with the same main cause include Reading Pals Chico Inc ($142k), Parent Booster USA Inc ($142k) and Tri-Cities Hockey Booster Club Player Education Fund ($142k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $35k against liabilities of $1,530, net assets of $34k.