Air Force Villages Charitable Foundation

Analysis

Air Force Villages Charitable Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Air Force Villages Charitable Foundation reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.5m (+69%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 134%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Air Force Villages Charitable Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Montshire Museum of Science ($3.5m), Chabad of Argentina Relief Appeal Inc ($3.5m) and Gibson Gives ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. It paid $28k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $3.4m, net assets of $0.