Marine Corps Aviation Association John Glenn Squadron Foundation Inc

Analysis

Marine Corps Aviation Association John Glenn Squadron Foundation Inc is a registered charity in United States, based in Patuxent River, MD. It received its IRS tax-exemption ruling in September 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, Marine Corps Aviation Association John Glenn Squadron Foundation Inc reported income of $93k and spending of $99k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $93k (+3.5%), an average of +3.5% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marine Corps Aviation Association John Glenn Squadron Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include Hazel Wolf K-8 Ptsa 6 15 24 ($93k), Albert Lea Public Education Foundation Inc ($93k) and Arvada West High School Instrumental Music Boosters ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.