Air Force Historical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 108,836 | 188,443 | −79,607 | 12.5 | 40% |
| 2013 | 80,351 | 110,447 | −30,096 | 17.8 | 35% |
| 2014 | 121,706 | 159,958 | −38,252 | 8.5 | 45% |
| 2015 | 1,358,678 | 199,955 | 1,158,723 | 74.1 | 39% |
| 2016 | 103,675 | 213,695 | −110,020 | 63.3 | 48% |
| 2017 | 166,593 | 183,098 | −16,505 | 79.1 | 49% |
| 2018 | 150,382 | 200,161 | −49,779 | 74.9 | 47% |
| 2019 | 121,178 | 189,927 | −68,749 | 76.6 | 49% |
| 2020 | 153,770 | 196,412 | −42,642 | 75.8 | 51% |
| 2021 | 155,650 | 183,610 | −27,960 | 97.0 | 57% |
| 2022 | 187,018 | 226,931 | −39,913 | 67.8 | 49% |
| 2023 | 188,834 | 328,086 | −139,252 | 38.5 | 39% |
| 2024 | 323,327 | 303,563 | 19,764 | 46.0 | 45% |
In its most recent public year (2024), this organization brought in $19,764 more than it spent. Its reserves stood at about 46 months of spending, up from 12.5 in 2012. Staff pay was 45% 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 2024. 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
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