National Aeronautic Association of U S a Inc

Analysis

National Aeronautic Association of U S a Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1942, 84 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, National Aeronautic Association of U S a Inc reported income of $1.0m and spending of $1.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-8.0%), an average of -2.1% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Aeronautic Association of U S a Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include New Life Properties Inc ($1.0m), Sunshine Valley Child Care ($1.0m) and Housing Connection of Clark County Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. Other salaries and wages came to $529k. At year end it held assets of $1.2m against liabilities of $90k, net assets of $1.1m. It reported 6 employees.