93rd Bombardment Group Association

Analysis

93rd Bombardment Group Association is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, 93rd Bombardment Group Association reported income of $62k and spending of $44k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $62k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 93rd Bombardment Group Association sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Carmel High School Parent Teacher Organization Inc ($62k), Wellesley Conservation Land Trust Inc ($62k) and Reynoldsville Public Library ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 26% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.