Organization of Black Aerospace Professionals

Analysis

Organization of Black Aerospace Professionals is a registered charity in United States, based in Westchester, IL. It received its IRS tax-exemption ruling in December 2010, 16 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 December 2023, Organization of Black Aerospace Professionals reported income of $3.8m and spending of $3.9m, spending 102% of its income. Across the 6 years on record, from October 2019 to December 2023, income grew from $1.6m to $3.8m (+137%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 3335%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Organization of Black Aerospace Professionals sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Codeva Inc ($3.8m), Foundation for Eastern Christian School Association Inc ($3.8m) and American Indian Resource Center Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Other salaries and wages came to $294k. At year end it held assets of $4.1m against liabilities of $1.2m, net assets of $2.8m. It reported 6 employees.