Tuskegee Airmen Scholarship Foundation

Analysis

Tuskegee Airmen Scholarship Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2004, 22 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, Tuskegee Airmen Scholarship Foundation reported income of $159k and spending of $246k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $213k to $159k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tuskegee Airmen Scholarship Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Southeastern Association of Law Schools Inc ($159k), Loex ($159k) and Northm0re Family Life Study Club Northmore Nursery School ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $112k (46% of expenses). At year end it held assets of $2.6m against liabilities of $87k, net assets of $2.5m. It reported 1 employees.