Textron Aviation Employees Uplift Fund Inc

Analysis

Textron Aviation Employees Uplift Fund Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in July 2017, 9 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 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, Textron Aviation Employees Uplift Fund Inc reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.3m (-24%), an average of -6.7% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Textron Aviation Employees Uplift Fund Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within KS. Charities of a similar size with the same main cause include Stride Academy Building Company ($1.3m), United Ways of Texas Inc ($1.3m) and Maloney Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $482k against liabilities of $0, net assets of $482k.