No 1 British Flying Training School Museum Inc

Analysis

No 1 British Flying Training School Museum Inc is a registered charity in United States, based in Terrell, TX. It received its IRS tax-exemption ruling in December 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, No 1 British Flying Training School Museum Inc reported income of $275k and spending of $216k, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $156k to $275k (+76%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 83%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, No 1 British Flying Training School Museum Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include San Diego Academy of Ballet & Ballet Theatre ($274k), Annies Art Attic ($275k) and Legacy Theater Foundation Inc ($274k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% of the total. Other salaries and wages came to $68k. It paid $17k in professional fundraising fees. At year end it held assets of $677k against liabilities of $101k, net assets of $576k. It reported 2 employees.