Topgun Navy Fighter Weapons School Association

Analysis

Topgun Navy Fighter Weapons School Association is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Topgun Navy Fighter Weapons School Association reported income of $710k and spending of $278k, leaving 61% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $409k to $710k (+74%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 227%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Topgun Navy Fighter Weapons School Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Arthur Roy Mitchell Memorial Inc ($710k), Augusta Museum of History Inc ($711k) and International Union of Geological Sciences ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $70k. At year end it held assets of $1000k against liabilities of $0, net assets of $1000k. It reported 1 employees.