Cessna 150-152 Fly-In Foundation

Analysis

Cessna 150-152 Fly-In Foundation is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cessna 150-152 Fly-In Foundation reported income of $56k and spending of $78k, spending 140% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $2,979 to $56k (+1773%), an average of +80% a year. The sharpest change came in the year to December 2019, when income rose by 869%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cessna 150-152 Fly-In Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Forest View PTA 7 3 7 ($56k), Plentywood Wildcat Booster Club ($56k) and Carolinas Club Foundation Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 34% of the total. At year end it held assets of $74k against liabilities of $6,000, net assets of $68k.