Vertical Aviation International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 10,499,471 | 9,351,225 | 1,148,246 | 19.3 | 36% |
| 2013 | 11,754,172 | 11,811,877 | −57,705 | 14.9 | 34% |
| 2014 | 11,821,621 | 12,220,194 | −398,573 | 14.0 | 34% |
| 2015 | 12,928,928 | 12,911,494 | 17,434 | 13.0 | 34% |
| 2016 | 12,885,542 | 11,307,975 | 1,577,567 | 16.1 | 39% |
| 2017 | 12,890,085 | 10,825,595 | 2,064,490 | 19.9 | 43% |
| 2018 | 13,453,154 | 12,274,971 | 1,178,183 | 18.7 | 41% |
| 2019 | 12,636,986 | 11,902,441 | 734,545 | 20.0 | 45% |
| 2020 | 13,601,332 | 13,957,761 | −356,429 | 16.3 | 42% |
| 2021 | 4,215,283 | 9,746,782 | −5,531,499 | 18.4 | 48% |
| 2022 | 16,968,416 | 13,892,452 | 3,075,964 | 20.6 | 32% |
| 2023 | 18,690,484 | 17,936,628 | 753,856 | 16.5 | 27% |
In its most recent public year (2023), this organization brought in $753,856 more than it spent. Its reserves stood at about 16.5 months of spending, down from 19.3 in 2012. Staff pay was 27% 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
Vertical Aviation International 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