AEROSPACE CORPORATION
14745 LEE RD, CHANTILLY, VA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $1,623,067,000 | $1,557,900,000 | $529,424,668 |
| FY2024 | $1,372,694,000 | $1,328,028,000 | $432,332,550 |
| FY2023 | $1,301,016,000 | $1,265,778,000 | $355,170,235 |
| FY2022 | $1,192,327,000 | $1,162,398,000 | $217,045,550 |
| FY2021 | $1,166,046,000 | $1,120,050,000 | $53,962,180 |
| FY2020 | $1,155,829,000 | $1,106,205,000 | -$77,094,153 |
| FY2019 | $1,111,594,000 | $1,054,569,000 | -$151,014,239 |
| FY2018 | $1,055,772,000 | $1,051,592,000 | -$36,170,727 |
| FY2017 | $974,511,000 | $998,409,000 | -$189,610,078 |
| FY2016 | $942,038,000 | $961,546,000 | -$331,583,341 |
| FY2015 | $917,112,000 | $932,317,000 | -$220,578,271 |
| FY2014 | $884,315,739 | $878,915,739 | -$151,071,271 |
| FY2013 | $870,614,753 | $870,376,550 | -$127,851,360 |
| FY2012 | $906,199,759 | $901,624,145 | -$305,026,563 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $23,582 | 0% |
| Program service revenue | $1,618,209,899 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $1,482,302,204 | 95% |
| Management & general | $75,597,796 | 5% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 95% of functional expenses, management & general 5%, and fundraising 0%.
- 95% of functional expenses went to program services in FY2025. That is higher than 89.5% of 171 Science & Technology organizations nationwide (too few in VA for a state comparison).
- Net assets covered about 4.1 months of expenses at the end of the reporting year. That puts it in the 24th percentile among 116 Science & Technology organizations in VA.
- Total revenue was higher than 100.8% of 121 Science & Technology organizations in VA.
- Total revenue rose from $906,199,759 in FY2012 to $1,623,067,000 in FY2025, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2015, FY2016, FY2017).
- Net assets grew from -$305,026,563 to $529,424,668 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Our purpose is to assist the government and other customers in conception, design, acquisition and operations of space and other complex systems. Mission: Working to improve effectiveness for space operations and end-user communities, contributing to acquisition success and to 100% mission success.
IRS status
| Ruling year | 1961 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | U300 — Science & Technology |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- NOBLIS INC — RESTON, VA · $614,468,693
- INSTITUTE FOR DEFENSE ANALYSES — ALEXANDRIA, VA · $344,675,047
- AMERICAN TYPE CULTURE COLLECTION — MANASSAS, VA · $198,027,310
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.