War Eagles Air Museum Endowment Fund

Analysis

War Eagles Air Museum Endowment Fund is a registered charity in United States, based in Santa Teresa, NM. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, War Eagles Air Museum Endowment Fund reported income of $151k and spending of $251k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $151k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, War Eagles Air Museum Endowment Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NM. Charities of a similar size with the same main cause include Berkshires Jazz Inc ($151k), Ground Floor Artists ($151k) and Cherokee Strip Regional Heritage Center Inc ($151k).

At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m.