Stanford Aviation Association

Analysis

Stanford Aviation Association is a registered charity in United States, based in Stanford, CA. It received its IRS tax-exemption ruling in May 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stanford Aviation Association reported income of $398k and spending of $270k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $398k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stanford Aviation Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Kayser Broadcast Ministries ($398k), Ptsa Connecticut Inc ($398k) and Therapy Center of Philadelphia ($398k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.