Preserve Academy Flight Crew

Analysis

Preserve Academy Flight Crew is a registered charity in United States, based in Chino, CA. It received its IRS tax-exemption ruling in November 2013, 13 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 June 2024, Preserve Academy Flight Crew reported income of $83k and spending of $64k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $32k to $83k (+158%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 2811%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Preserve Academy Flight Crew sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Korean-American Senior Citizens League of Greater Atlanta Inc ($83k), Lewis-Tolkien Society for the Renewal of the Common Tradition ($83k) and Torus ($83k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.