Aerospace Medical Association

Analysis

Aerospace Medical Association is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Aerospace Medical Association reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.6m (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aerospace Medical Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Salvation Oaks Recovery Community Inc ($1.6m), North by Northeast Community Health Center ($1.6m) and Idaho Immunization Coalition ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $137k (9.5% of expenses). Other salaries and wages came to $280k. At year end it held assets of $1.5m against liabilities of $501k, net assets of $997k. It reported 5 employees.