Flight Test Historical Foundation

Analysis

Flight Test Historical Foundation is a registered charity in United States, based in Edwards, CA. It received its IRS tax-exemption ruling in July 1983, 43 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 September 2023, Flight Test Historical Foundation reported income of $513k and spending of $294k, leaving 43% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $202k to $513k (+154%), an average of +26% a year. The sharpest change came in the year to September 2020, when income rose by 100%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Flight Test Historical Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Northern Adirondack Housing Development Fund ($513k), Habitat for Humanity International Inc ($513k) and Migrant Legal Aid Inc ($513k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $66k (23% of expenses). Other salaries and wages came to $49k. At year end it held assets of $4.1m against liabilities of $94k, net assets of $4.0m. It reported 3 employees.