Aerox Foundation

Analysis

Aerox Foundation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Aerox Foundation reported income of $405k and spending of $410k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $428k to $405k (-5.3%), an average of -2.7% a year. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Aerox Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Arkbuilders Inc ($405k), Girls on the Run of Buffalo Inc ($405k) and Louisiana 4-H Foundation ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $7,750. At year end it held assets of $16k against liabilities of $0, net assets of $16k.