Aspen Higher Learning Flight Academy Inc

Analysis

Aspen Higher Learning Flight Academy Inc is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in March 2016, 10 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, Aspen Higher Learning Flight Academy Inc reported income of $1.4m and spending of $975k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $1.4m (+361%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aspen Higher Learning Flight Academy Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Helena Christian School Inc ($1.4m), Alaska Safety Alliance ($1.4m) and The Institute for Family Studies ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 30% of the total. At year end it held assets of $1.8m against liabilities of $1.5m, net assets of $307k.