School of Missionary Aviation Technology

Analysis

School of Missionary Aviation Technology is a registered charity in United States, based in Ionia, MI. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, School of Missionary Aviation Technology reported income of $1.9m and spending of $1.5m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $1.9m (+44%), an average of +9.5% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School of Missionary Aviation Technology sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Partnership for Youth Inc ($1.9m), The Sharon Cooperative School Inc ($1.9m) and Preferred School Care Inc ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $94k (6.1% of expenses). Other salaries and wages came to $487k. At year end it held assets of $3.9m against liabilities of $735k, net assets of $3.1m. It reported 18 employees.