Space Force Association

Analysis

Space Force Association is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Space Force Association reported income of $340k and spending of $343k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $359k to $340k (-5.3%), an average of -5.3% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Space Force Association sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($340k), Lutheran Social Services of Central Ohio Delaware Housing Inc ($340k) and Independence Historical Museum Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 135% of the total. Other salaries and wages came to $120k. At year end it held assets of $680k against liabilities of $641k, net assets of $39k. It reported 2 employees.