Airborne Scholarship Association

Analysis

Airborne Scholarship Association is a registered charity in United States, based in Fort Bragg, NC. It received its IRS tax-exemption ruling in August 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, Airborne Scholarship Association reported income of $151k and spending of $164k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $151k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Airborne Scholarship Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Kansas Bankers Educational Foundation ($151k), Live Ear Ministries ($151k) and Lester Public Library Foundation Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.