Society of Air Force Pharmacists Ltd

Analysis

Society of Air Force Pharmacists Ltd is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Society of Air Force Pharmacists Ltd reported income of $180k and spending of $149k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $180k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society of Air Force Pharmacists Ltd sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Bandstanders ($180k), Givebac Inc ($180k) and American Diplomacy Foundation ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.