Antique & Classic Aircraftinternational Inc

Analysis

Antique & Classic Aircraftinternational Inc is a registered charity in United States, based in Sound Beach, NY. It received its IRS tax-exemption ruling in May 2007, 19 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, Antique & Classic Aircraftinternational Inc reported income of $55k and spending of $8,669, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,641 to $55k (+620%), an average of +620% a year. The sharpest change came in the year to December 2023, when income rose by 620%. Over the whole period it spent 31% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Antique & Classic Aircraftinternational Inc 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 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Maple Valley Creative Arts Council ($55k), South Bay Guitar Society of San Jose ($55k) and Brookline Symphony Orchestra Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 93% of the total. At year end it held assets of $51k against liabilities of $1,570, net assets of $50k.