Red Star Pilots Association

Analysis

Red Star Pilots Association is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in March 2001, 25 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, Red Star Pilots Association reported income of $73k and spending of $67k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $73k (+23%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red Star Pilots Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within TN. Charities of a similar size with the same main cause include American Friends of Uppsala University ($73k), Portsmouth Community Concerts Inc ($73k) and Pihcintu ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 48% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.