Historical Aircraft Squadron Inc

Analysis

Historical Aircraft Squadron Inc is a registered charity in United States, based in Carroll, OH. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Historical Aircraft Squadron Inc reported income of $51k and spending of $40k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $51k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Aircraft Squadron Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within OH. Charities of a similar size with the same main cause include Conrail Historical Society Inc ($51k), Metropolitan Detroit Chorale Inc ($51k) and All American Cloggers ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 58% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.