Vero Beach Airshow Inc

Analysis

Vero Beach Airshow Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 October 2023, Vero Beach Airshow Inc reported income of $71k and spending of $63k, spending 89% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $30k to $71k (+137%), an average of +24% a year. The sharpest change came in the year to October 2020, when income rose by 442%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vero Beach Airshow Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Gals Give Back Inc ($71k), Lions Foundation of West Linn Inc ($71k) and Prince Henry Charitable Foundation ($71k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 22% and program service revenue 73% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.