College of Missionary Aviation Inc

Analysis

College of Missionary Aviation Inc is a registered charity in United States, based in Keystone HGTS, FL. It received its IRS tax-exemption ruling in July 2016, 10 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, College of Missionary Aviation Inc reported income of $184k and spending of $185k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $184k (+142%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 186%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, College of Missionary Aviation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Soulchoice Ministries Inc ($184k), Massachusetts Clubhouse Coalition Inc ($184k) and Ridgeway Free Library Assoc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $355k against liabilities of $1,635, net assets of $353k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.