California Association for Research in Astronomy
Analysis
California Association for Research in Astronomy is a registered charity in United States, based in Kamuela, HI. It received its IRS tax-exemption ruling in August 1992, 34 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 September 2023, California Association for Research in Astronomy reported income of $29.6m and spending of $44.7m, spending 151% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $26.3m to $29.6m (+12%), an average of +3.0% a year. Over the whole period it spent 112% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, California Association for Research in Astronomy sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within HI. Charities of a similar size with the same main cause include Center for the Collaborative Classroom ($29.5m), Remember the Alamo Foundation ($29.7m) and Artspace Projects Inc ($29.1m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $2.1m (4.8% of expenses). Other salaries and wages came to $15.0m. At year end it held assets of $63.7m against liabilities of $7.4m, net assets of $56.3m. It reported 167 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.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 81%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center for the Collaborative Classroom | Alameda | $29.5m |
| Remember the Alamo Foundation | San Antonio | $29.7m |
| Artspace Projects Inc | Minneapolis | $29.1m |
| Portland Art Museum | Portland | $29.7m |