Charity Search / LAUNCHSPACE
Community Improvement (S43) 990 on File

LAUNCHSPACE

EIN: 81-4826723 · ORANGE, MA 01364-1164 · United States · FY 2024 Data
3 out of 5 42 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 45/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$685K
Total Revenue
$542K
Total Expenses
$470K
Net Assets
16
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 52.2%
Fundraising Efficiency N/A
Operating Reserve 10.42x
Liability-to-Asset 9.8%
Revenue Diversification 96.5%
Executive Compensation $66K
Compared with Peers
FY 2024
Compared with 4,285 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
52.2% 83.7%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
47.8% 13.2%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.1% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
10.4 mo 11.3 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
9.8% 3.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
96.5% 92.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
33.0% 7.1%
P10P90
Expense growth
Year over year expense growth
35.1% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
20.9% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $685K $542K $470K 52.2% 16
2023 $515K $401K $326K 77.1% 2
2022 $198K $177K $292K 40.5% 1
2021 $169K $72K N/A — 1
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Organization Details
EIN
81-4826723
State
MA
City
ORANGE
ZIP
01364-1164
Classification
S43
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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