National Intercollegiate Flying Association

Analysis

National Intercollegiate Flying Association is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, National Intercollegiate Flying Association reported income of $311k and spending of $305k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $197k to $311k (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 192%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Intercollegiate Flying Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Stanford Business School Alumni Association ($311k), Naspa Foundation ($311k) and People Prosper International Inc ($311k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.