American Institute of Aeronautics & Astro-Digital Avionics Tech

Analysis

American Institute of Aeronautics & Astro-Digital Avionics Tech is a registered charity in United States, based in N Richlnd HLS, TX. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, American Institute of Aeronautics & Astro-Digital Avionics Tech reported income of $141k and spending of $189k, spending 134% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $87k to $141k (+63%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 237%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Institute of Aeronautics & Astro-Digital Avionics Tech sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Orlando-Orange County Compact Inc ($141k), Greater Chambersburg Chamber Foundation ($141k) and LA Habra School Football Boosters ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $419k against liabilities of $0, net assets of $419k.