Asombro Institute for Science Education

Analysis

Asombro Institute for Science Education is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, 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, Asombro Institute for Science Education reported income of $500k and spending of $399k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $500k (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asombro Institute for Science Education sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NM. Charities of a similar size with the same main cause include Tu Bi Buddhist Temple ($500k), Pendulum Project Inc ($500k) and Spokane Symphony Associates ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.5% of the total. Other salaries and wages came to $275k. At year end it held assets of $612k against liabilities of $0, net assets of $612k. It reported 11 employees.