Plainwell Aviation and STEM Academy

Analysis

Plainwell Aviation and STEM Academy is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Plainwell Aviation and STEM Academy reported income of $178k and spending of $249k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $196k to $178k (-9.3%), an average of -9.3% a year. Over the whole period it spent 122% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Plainwell Aviation and STEM Academy sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Yorkies Inc ($178k), Nether Providence Athletic Association Baseball ($178k) and Kids Event Tickets Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 90% of the total. At year end it held assets of $40k against liabilities of $3,478, net assets of $37k.