Friends of South Grand Lake Regional Airport Inc

Analysis

Friends of South Grand Lake Regional Airport Inc is a registered charity in United States, based in Ketchum, OK. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of South Grand Lake Regional Airport Inc reported income of $172k and spending of $65k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $172k (+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 24% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of South Grand Lake Regional Airport Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OK. Charities of a similar size with the same main cause include Just for Kids Foundation Inc ($172k), Northwest Unit for Special Investigations Inc ($172k) and Best of Africa Cultural Group ($172k).

At year end it held assets of $204k against liabilities of $0, net assets of $204k.