Eaa Aviation Foundation Inc

Analysis

Eaa Aviation Foundation Inc is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in October 1964, 62 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2023, Eaa Aviation Foundation Inc reported income of $9.8m and spending of $7.1m, leaving 28% of income unspent that year. Across the 5 years on record, from February 2019 to February 2023, income grew from $5.6m to $9.8m (+74%), an average of +15% a year. The sharpest change came in the year to February 2020, when income rose by 101%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eaa Aviation Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include International First Committee Association ($9.8m), Lyric Foundation Inc ($9.8m) and Texas Ballet Theater Inc ($9.8m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $271k (3.8% of expenses). Other salaries and wages came to $331k. It paid $48k in professional fundraising fees. At year end it held assets of $64.6m against liabilities of $426k, net assets of $64.2m. It reported 5 employees.