Aviation Heritage Park Inc

Analysis

Aviation Heritage Park Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in July 2005, 21 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 2022, Aviation Heritage Park Inc reported income of $633k and spending of $80k, leaving 87% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $137k to $633k (+361%), an average of +66% a year. The sharpest change came in the year to December 2020, when income rose by 354%. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aviation Heritage Park Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Birmingham Museum of Art Endowment TR ($633k), Rhode Island Natural History Survey ($633k) and Artsbridge Foundation Inc ($633k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $26k. At year end it held assets of $2.9m against liabilities of $595k, net assets of $2.3m. It reported 1 employees.