West Michigan Aviation Academy Foundation

Analysis

West Michigan Aviation Academy Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 2020, 6 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 June 2023, West Michigan Aviation Academy Foundation reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.1m to $1.2m (-59%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 47%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Michigan Aviation Academy Foundation 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 82nd percentile within MI. Charities of a similar size with the same main cause include Gatestone Institute ($1.2m), Charlie Keyan Armenian Community School ($1.2m) and Del Mar Schools Education Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 129% of the total. It paid $8,449 in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $338k, net assets of $2.6m.