Eaa Warbirds of America Inc

Analysis

Eaa Warbirds of America Inc is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in May 1995, 31 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 Warbirds of America Inc reported income of $865k and spending of $856k, spending 99% of its income. Across the 5 years on record, from February 2019 to February 2023, income fell from $900k to $865k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to February 2022, when income rose by 131%. Over the whole period it spent 97% 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 Warbirds of America 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 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Jacob Jonas the Company Inc ($865k), Bibliographical Society of America ($865k) and Arts Foundation of Cape Cod ($865k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 30% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $114k (13% of expenses). Other salaries and wages came to $53k. At year end it held assets of $1.7m against liabilities of $369k, net assets of $1.4m. It reported 2 employees.