Public & Societal Benefit (W300) IRS Verified DX Registered 990 on File

AIR FORCE AID SOCIETY INC

EIN: 54-1797281 · ARLINGTON, VA 22202-4140 · United States · FY 2023 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 97/100

Reliability (20%) 55/100

Effectiveness (25%) 75/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Every day, across every Air and Space Force base and every mission set, Airmen and Guardians stand watch so our nation remains secure. And when their world falls apart—whether a baby arrives dangerously early, a spouse dies unexpectedly, or a government shutdown leaves a young Airman unable to buy groceries—Air & Space Forces Aid Society (AFAS) stands in the gap. Founded in 1942 at the height of global conflict, AFAS has spent more than eight decades doing one thing with relentless focus: ensuring those who protect our nation are never left to navigate their hardest days alone. Led by a board of senior officials including Secretary of the Air Force and service chiefs of both the Air and Space Forces, AFAS is the official relief organization serving those who defend our country and helping them remain mission-ready—physically, mentally, and financially. We relieve emergency financial stress so service members can focus on the mission. We open doors to education so families can thrive. We deliver high-impact community programs that steady military families amid moves, deployments, and the unpredictable rhythm of service life. When disaster strikes, including government shutdowns, wildfires, hurricanes, tornadoes, pandemics, AFAS is the first call for help.

Financial Overview — FY 2023

$6.6M

Total Revenue

$12.9M

Total Expenses

$234.3M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 74.3%

Fundraising Efficiency N/A

Operating Reserve 217.54x

Liability-to-Asset 0.5%

Revenue Diversification 58.3%

Executive Compensation $1.5M

Compared with Peers

FY 2023

Compared with 142 similar organizations (United States, Public & Societal Benefit, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	74.3%	85.9%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	23.6%	11.6%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	2.1%	0.1%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	217.5 mo	10.1 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.5%	26.3%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	58.3%	93.9%	P10P90	Top quarter
Revenue growth Year over year revenue growth	23.1%	10.8%	P10P90
Expense growth Year over year expense growth	-2.7%	11.1%	P10P90
Surplus margin Surplus as a share of revenue	-97.2%	1.3%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$6.6M	$12.9M	$234.3M	74.3%	39
2022	$5.3M	$13.3M	$221.9M	71.4%	30
2021	$46.1M	$15.1M	N/A	—	26

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Organization Details

EIN: 54-1797281
State: VA
City: ARLINGTON
ZIP: 22202-4140
Classification: W300
Category: Public & Societal Benefit
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1942
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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