Aerozone Alliance

Analysis

Aerozone Alliance is a registered charity in United States, based in Brookpark, OH. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Aerozone Alliance reported income of $514k and spending of $397k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $264k to $514k (+95%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Aerozone Alliance sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Market Van Buren ($514k), Longfellow Community Council ($514k) and Acg Legacy Fund ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $239k (60% of expenses). At year end it held assets of $217k against liabilities of $1,051, net assets of $216k.