American Aviation Historical Society

Analysis

American Aviation Historical Society is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in November 1970, 56 years ago. 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, American Aviation Historical Society reported income of $95k and spending of $128k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $757k to $95k (-88%), an average of -40% a year. The sharpest change came in the year to December 2020, when income dropped by 80%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Aviation Historical Society sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include G C a R C Housing Inc ($95k), Inter-Group Association & CNTRL Serv BRD of a a in San Gab Vly ($95k) and Association for Supervision and Curriculum Development ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 9.1% of the total. Other salaries and wages came to $41k. At year end it held assets of $743k against liabilities of $0, net assets of $743k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.