Citation Jet Pilots Safety and Education Foundation Inc

Analysis

Citation Jet Pilots Safety and Education Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Citation Jet Pilots Safety and Education Foundation Inc reported income of $1.3m and spending of $528k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $397k to $1.3m (+218%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Citation Jet Pilots Safety and Education Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Homeworks Trenton Inc ($1.3m), Seaside Christian Academy Inc ($1.3m) and Christ Church Day Care Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $187k (35% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.