Aero Club of Southern California

Analysis

Aero Club of Southern California is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in June 1986, 40 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, Aero Club of Southern California reported income of $349k and spending of $147k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $349k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income dropped by 132%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aero Club of Southern California sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Rolling Meadows Senior Living Inc ($349k), Douglas County Community Health Clinic Incorporated ($349k) and Grace Through Faith Ministries Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 20% of the total. At year end it held assets of $927k against liabilities of $0, net assets of $927k.