National Stearman Fly-In NFP Inc

Analysis

National Stearman Fly-In NFP Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, National Stearman Fly-In NFP Inc reported income of $52k and spending of $39k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $52k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Stearman Fly-In NFP Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include National Society Daughters of Colonial Wars Inc ($52k), New York Guitar Festival ($52k) and Japan Society of San Diego and Tijuana ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 29% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.