LA Porte Aero Club Inc

Analysis

LA Porte Aero Club Inc is a registered charity in United States, based in Rolling PR, IN. It received its IRS tax-exemption ruling in February 1978, 48 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, LA Porte Aero Club Inc reported income of $101k and spending of $122k, spending 121% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $116k to $101k (-13%), an average of -7.0% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Porte Aero Club Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Rose & George Steinford Toy Association Inc ($101k), Fbi National Academy Associates Inc ($101k) and Foundation for Health Research ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 0.7% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.