Reuben H Fleet Science Center

Analysis

Reuben H Fleet Science Center is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1964, 62 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 2023, Reuben H Fleet Science Center reported income of $8.5m and spending of $9.7m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.8m to $8.5m (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 111%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reuben H Fleet Science Center sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include McAuley Hall Inc ($8.5m), Extended Day Child Care Center Inc ($8.5m) and Abundance Foundation ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $436k (4.5% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $15.7m against liabilities of $4.2m, net assets of $11.5m. It reported 158 employees.