Warhawk Air Museum Inc

Analysis

Warhawk Air Museum Inc is a registered charity in United States, based in Nampa, ID. It received its IRS tax-exemption ruling in April 1994, 32 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 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, Warhawk Air Museum Inc reported income of $1.7m and spending of $916k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $789k to $1.7m (+111%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 267%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Warhawk Air Museum Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within ID. Charities of a similar size with the same main cause include No Limits Theater Group Inc ($1.7m), Los Angeles Cable Television Access Corporation ($1.7m) and Asian Community & Cultural Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 25% of the total. Other salaries and wages came to $343k. At year end it held assets of $7.3m against liabilities of $10k, net assets of $7.3m. It reported 15 employees.