Fly Compton Aeronautical Education Foundation Inc

Analysis

Fly Compton Aeronautical Education Foundation Inc is a registered charity in United States, based in Compton, CA. It received its IRS tax-exemption ruling in July 2021, 5 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 (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, Fly Compton Aeronautical Education Foundation Inc reported income of $693k and spending of $671k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $395k to $693k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fly Compton Aeronautical Education Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($691k), Hungarian Boy Scout Association in Exile Inc ($693k) and The Police Athletic League of Yonkers Foundation Inc ($690k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (15% of expenses). Other salaries and wages came to $54k. At year end it held assets of $122k against liabilities of $0, net assets of $122k. It reported 6 employees.