American Helicopter Museum & Education Center Inc

Analysis

American Helicopter Museum & Education Center Inc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in April 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Helicopter Museum & Education Center Inc reported income of $523k and spending of $603k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $581k to $523k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Helicopter Museum & Education Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Paaia Fund ($523k), The Marathon Community Theatre Inc ($523k) and The Cooperage Project ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 32% of the total. Other salaries and wages came to $235k. At year end it held assets of $2.0m against liabilities of $168k, net assets of $1.8m. It reported 8 employees.