International Skydiving Museum & Hall of Fame

Analysis

International Skydiving Museum & Hall of Fame is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in July 1972, 54 years ago. 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, International Skydiving Museum & Hall of Fame reported income of $732k and spending of $418k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $569k to $732k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 159%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Skydiving Museum & Hall of Fame sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($732k), The Foundation for Leon County Schools Inc ($732k) and Chicana Foundation of Northern California ($732k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $195k. At year end it held assets of $7.2m against liabilities of $6,959, net assets of $7.2m. It reported 3 employees.