Delaware Aviation Museum Foundation

Analysis

Delaware Aviation Museum Foundation is a registered charity in United States, based in Mardela SPGS, MD. It received its IRS tax-exemption ruling in December 2004, 22 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 (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, Delaware Aviation Museum Foundation reported income of $221k and spending of $364k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $221k (+7.6%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 155%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Aviation Museum Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Villa Sinfonia Foundation ($221k), Indian Music Society of Houston ($221k) and Mdsa Foundation ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $741k against liabilities of $89k, net assets of $652k.