Aiaa Foundation Inc

Analysis

Aiaa Foundation Inc is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Aiaa Foundation Inc reported income of $1.4m and spending of $1.8m, spending 126% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.9m to $1.4m (-65%), an average of -23% a year. The sharpest change came in the year to September 2021, when income rose by 247%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aiaa Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include School Tuition Organization 4 Kidz ($1.4m), For Providers by Providers Louisiana ($1.4m) and Islands Hana Mana Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $17.6m against liabilities of $271k, net assets of $17.3m.