Air Force Academy Real Estate Trust

Analysis

Air Force Academy Real Estate Trust is a registered charity in United States, based in Usaf Academy, CO. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Air Force Academy Real Estate Trust reported income of $460k and spending of $6,295, leaving 99% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.0m to $460k (-54%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 1.0% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Air Force Academy Real Estate Trust sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Friends of Woodstock School Inc ($460k), Rosie Riveters ($460k) and The Open School ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $2.6m against liabilities of $122k, net assets of $2.4m.