Camarillo Chapter No 723 Experi- Mental Aircraft Association

Analysis

Camarillo Chapter No 723 Experi- Mental Aircraft Association is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in March 2007, 19 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, Camarillo Chapter No 723 Experi- Mental Aircraft Association reported income of $203k and spending of $64k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $203k (+176%), an average of +176% a year. The sharpest change came in the year to December 2023, when income rose by 176%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Camarillo Chapter No 723 Experi- Mental Aircraft Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Childrens Theatre of Houston ($203k), Hyde Park Theatre ($203k) and Painting Space 122 Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 15% of the total. At year end it held assets of $400k against liabilities of $0, net assets of $400k.