Service Air Corps

Analysis

Service Air Corps is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2023, Service Air Corps reported income of $60k and spending of $69k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $60k (-59%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Service Air Corps sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Ministerios Ciudad Y Reino ($60k), Heritage Christian Fellowship Inc ($60k) and Ellsworth Ffa Alumni ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.