American Association of Airport Executives Foundation Inc

Analysis

American Association of Airport Executives Foundation Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 1961, 65 years ago. 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, American Association of Airport Executives Foundation Inc reported income of $2.8m and spending of $543k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $992k to $2.8m (+185%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 391%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Association of Airport Executives Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Holy Cross Primary Care Inc ($2.8m), Highland Lakes Family Crisis Center Inc ($2.8m) and Amf International Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $8.6m against liabilities of $727k, net assets of $7.9m.