Southern Museum of Flight FDN Inc

Analysis

Southern Museum of Flight FDN Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southern Museum of Flight FDN Inc reported income of $404k and spending of $361k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $238k to $404k (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Museum of Flight FDN Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Camp Veritas Inc ($404k), Alliance for Community Development of the San Francisco Bay Area ($404k) and Tandem Family Resource Center ($404k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 7.7% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.