Air Capital Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 198,866 | 198,866 | 0 | 0.0 | 38% |
| 2014 | 381,432 | 329,992 | 51,440 | 1.9 | 52% |
| 2015 | 430,866 | 383,845 | 47,021 | 3.1 | 59% |
| 2016 | 391,473 | 394,477 | −3,004 | 2.9 | 58% |
| 2017 | 504,799 | 453,927 | 50,872 | 3.9 | 54% |
| 2018 | 443,109 | 444,320 | −1,211 | 3.9 | 53% |
| 2019 | 690,934 | 685,230 | 5,704 | 2.6 | 37% |
| 2020 | −19,037 | 338,955 | −357,992 | -8.3 | 77% |
| 2021 | 560,776 | 521,110 | 39,666 | -4.5 | 59% |
| 2022 | 545,060 | 531,867 | 13,193 | -4.1 | 60% |
| 2023 | 375,260 | 577,483 | −202,223 | -8.0 | 56% |
In its most recent public year (2023), this organization spent $202,223 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8 months), down from 0 in 2013. Staff pay was 56% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Air Capital Charities Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works