Marine Corps Air Transport Association

Analysis

Marine Corps Air Transport Association is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Marine Corps Air Transport Association reported income of $157k and spending of $94k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $157k (-11%), an average of -10% a year. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marine Corps Air Transport Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Carc Industries ($157k), Onion Creek Senior Center ($157k) and Woodcliff Lake Athletic Association Inc ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $232k against liabilities of $0, net assets of $232k.