Association of Space Explorers USA

Analysis

Association of Space Explorers USA is a registered charity in United States, based in Webster, TX. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover science and technology, 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, Association of Space Explorers USA reported income of $253k and spending of $198k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $1.1m to $253k (-77%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of Space Explorers USA sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include The Miami Womans Club ($253k), Childrens Center for Science & Technology Endowment Fund ($253k) and Anchorage Concert Chorus ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $103k (52% of expenses). At year end it held assets of $475k against liabilities of $0, net assets of $475k. It reported 1 employees.