Aerial Recovery

Analysis

Aerial Recovery is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2018, 8 years ago. 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, Aerial Recovery reported income of $3.0m and spending of $2.7m, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $464k to $3.0m (+550%), an average of +155% a year. The sharpest change came in the year to December 2022, when income rose by 654%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aerial Recovery sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Cambria Library Assn ($3.0m), Innovative Housing Opportunities Inc ($3.0m) and Lamb and Lion Ministries Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 2.2% of the total. Other salaries and wages came to $732k. At year end it held assets of $1.3m against liabilities of $184k, net assets of $1.1m.