Aerospace Medical Associationfoundation

Analysis

Aerospace Medical Associationfoundation is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Aerospace Medical Associationfoundation reported income of $81k and spending of $23k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $81k (+4.0%), an average of +4.0% a year. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aerospace Medical Associationfoundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include St Pauls Foundation ($81k), Friends of the Keller Library ($81k) and Mille Lacs Energy Community Trust ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $720k against liabilities of $0, net assets of $720k.