Air Heritage Inc

Analysis

Air Heritage Inc is a registered charity in United States, based in Beaver Falls, PA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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, Air Heritage Inc reported income of $176k and spending of $154k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $137k to $176k (+29%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Air Heritage Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Closter Nature Center Association ($176k), Southwestern Maine Activities Association ($176k) and Edgewood Sailing School ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $566k against liabilities of $905, net assets of $566k.