American Helicopter Society International Inc

Analysis

American Helicopter Society International Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. 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, American Helicopter Society International Inc reported income of $2.7m and spending of $2.3m, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.3m to $2.7m (+15%), an average of +2.9% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Helicopter Society International Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Kino Border Initiative Inc ($2.7m), Catholic Cemeteries of Spokane ($2.7m) and Community Training and Assistance Center Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $327k (14% of expenses). Other salaries and wages came to $567k. At year end it held assets of $3.0m against liabilities of $1.6m, net assets of $1.4m. It reported 9 employees.