National Air Sea and Space Foundation Inc

Analysis

National Air Sea and Space Foundation Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in November 2010, 16 years ago. 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, National Air Sea and Space Foundation Inc reported income of $318k and spending of $337k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $465k to $318k (-32%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Air Sea and Space Foundation Inc 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 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Grand Island Regency Retirement ($318k), Hub Soccer of Denville Inc ($318k) and Fineview Citizens Council Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $32k against liabilities of $714, net assets of $31k.