National Capital Chapter 186 Inc Experimental Aircraft Association

Analysis

National Capital Chapter 186 Inc Experimental Aircraft Association is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in March 1997, 29 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 (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 Capital Chapter 186 Inc Experimental Aircraft Association reported income of $50k and spending of $32k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $63k to $50k (-20%), an average of -10% a year. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Capital Chapter 186 Inc Experimental Aircraft Association sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Rockingham Ballet Theatre Inc ($50k), Flying Foot Forum ($50k) and Enrichment Through Culture Etc Inc ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 7.6% of the total. At year end it held assets of $490k against liabilities of $310, net assets of $490k.