Alaska Challenger Center for Space Science Technology Incorporated

Analysis

Alaska Challenger Center for Space Science Technology Incorporated is a registered charity in United States, based in Kenai, AK. It received its IRS tax-exemption ruling in November 1997, 29 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, Alaska Challenger Center for Space Science Technology Incorporated reported income of $1.4m and spending of $1.7m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $1.4m (+206%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 254%. Over the whole period it spent 128% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alaska Challenger Center for Space Science Technology Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within AK. Charities of a similar size with the same main cause include Plaza de LA Raza Inc ($1.4m), Superbloom Design ($1.4m) and Barcid Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $87k (5.2% of expenses). Other salaries and wages came to $216k. At year end it held assets of $2.7m against liabilities of $111k, net assets of $2.6m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.