Interactive Sciences Incorporated

Analysis

Interactive Sciences Incorporated is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in October 1981, 45 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 June 2024, Interactive Sciences Incorporated reported income of $463k and spending of $233k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $321k to $463k (+44%), an average of +9.6% a year. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Interactive Sciences Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Ashe County Arts Council ($463k), St Clair Superior Development Corporation ($463k) and NCR of Whitehall Housing Development Fund Co Inc ($463k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.6m against liabilities of $131k, net assets of $2.5m.