Williamsburg Aviation Scholarship Program

Analysis

Williamsburg Aviation Scholarship Program is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Williamsburg Aviation Scholarship Program reported income of $103k and spending of $140k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $202k to $103k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Williamsburg Aviation Scholarship Program sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include National Marine Institute Inc ($103k), Make the Connection ($103k) and Bay Area Financial Education Foundation ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.