Millville Army Air Field Museum Inc

Analysis

Millville Army Air Field Museum Inc is a registered charity in United States, based in Millville, NJ. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Millville Army Air Field Museum Inc reported income of $185k and spending of $238k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $185k (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Millville Army Air Field Museum Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include C 10 Research and Education Foundation Inc ($185k), Kingman Community Theatre Association ($185k) and Hart High Music Boosters ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $51k (22% of expenses). Other salaries and wages came to $32k. At year end it held assets of $390k against liabilities of $7,714, net assets of $382k. It reported 3 employees.