Ageless Aviation Dreams Foundation Inc

Analysis

Ageless Aviation Dreams Foundation Inc is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ageless Aviation Dreams Foundation Inc reported income of $545k and spending of $530k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $413k to $545k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 415%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ageless Aviation Dreams Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within NV. Charities of a similar size with the same main cause include Conexion Latina Newport ($545k), Grand Tots Inc ($545k) and Rwanda Girls Initiative ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Other salaries and wages came to $110k. At year end it held assets of $822k against liabilities of $0, net assets of $822k. It reported 2 employees.