Alabama Aviation Education Center Incorporated

Analysis

Alabama Aviation Education Center Incorporated is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in August 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, Alabama Aviation Education Center Incorporated reported income of $5.8m and spending of $3.4m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $5.8m (+238%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alabama Aviation Education Center Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include University of North Carolina Foundation Inc ($5.8m), Northstar School of Innovation & Leadership ($5.8m) and Academy Prep Foundation Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $294k. At year end it held assets of $7.2m against liabilities of $9,238, net assets of $7.2m. It reported 20 employees.