Aerostar Avion Institute

Analysis

Aerostar Avion Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 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, Aerostar Avion Institute reported income of $247k and spending of $260k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $247k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aerostar Avion Institute sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Cento Amici Inc ($247k), Challenged Champions Equestrian Center Inc ($247k) and Books for Collier Kids Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $55k (21% of expenses). Other salaries and wages came to $21k. At year end it held assets of $113k against liabilities of $3,877, net assets of $109k. It reported 2 employees.