National Test Pilot School

Analysis

National Test Pilot School is a registered charity in United States, based in Mojave, CA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Test Pilot School reported income of $16.7m and spending of $19.9m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $19.2m to $16.7m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Test Pilot School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include The Sequoyah Educational Center ($16.7m), Clement Manor Inc ($16.7m) and Midstate Arc Inc ($16.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.4m (7.1% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $38.4m against liabilities of $26.5m, net assets of $11.9m. It reported 58 employees.

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.