Aerial Promotions Inc

Analysis

Aerial Promotions Inc is a registered charity in United States, based in Eldridge, IA. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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 October 2023, Aerial Promotions Inc reported income of $1.1m and spending of $934k, spending 89% of its income. Across the 3 years on record, from October 2019 to October 2023, income grew from $841k to $1.1m (+25%), an average of +12% a year. The sharpest change came in the year to October 2022, when income dropped by 100%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aerial Promotions Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include St Augustine Plaza Inc ($1.1m), Key West Players Inc ($1.1m) and Law Enforcement Foundation Inc ($1.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 43% and program service revenue 42% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.