International Flight Services Association Foundation Inc

Analysis

International Flight Services Association Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, International Flight Services Association Foundation Inc reported income of $97k and spending of $90k, spending 93% of its income. Across the 2 years on record, from December 2019 to December 2022, income fell from $215k to $97k (-55%), an average of -55% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, International Flight Services Association Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 18th percentile within DC. Charities of a similar size with the same main cause include American Welfare and Works Association ($97k), Golden Valley Manor Foundation ($97k) and Rose Dynasty Foundation Inc ($97k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $22k, net assets of $64k.