Air Force Association

Analysis

Air Force Association is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Air Force Association reported income of $70k and spending of $52k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $70k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Air Force Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Jose Wellington Bezerra Da Costa Bible College Corp ($70k), Kansas Association of Collegiate Registrars & Admissions Officers ($70k) and Ace Mentor Program of America Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 13% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.