Discover a Star

Analysis

Discover a Star is a registered charity in United States, based in Universal City, CA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Discover a Star reported income of $918k and spending of $850k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $852k to $918k (+7.7%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discover a Star sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Rochester Regional Library Council ($917k), Ifa Foundation ($918k) and Schola Foundation ($917k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.