Choose Aerospace Inc

Analysis

Choose Aerospace Inc is a registered charity in United States, based in Jenks, OK. It received its IRS tax-exemption ruling in June 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 December 2023, Choose Aerospace Inc reported income of $326k and spending of $153k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $326k (+293%), an average of +293% a year. The sharpest change came in the year to December 2023, when income rose by 293%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Choose Aerospace Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include Arvf Corporation ($326k), Alpha Phi Delta Foundation Inc ($326k) and Friends of Audubon School ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $58k. At year end it held assets of $257k against liabilities of $0, net assets of $257k. It reported 1 employees.