Aerospace Corporation is a 501(c)(3) organization based in Chantilly, Virginia, registered in 1961, with $1,372,694,000 in FY2023 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
Revenue (FY2023)
$1.4B
▲ 5.5% vs prior year
Science & Tech median: $288K
Expenses (FY2023)
$1.3B
Net assets
$432.3M
Employees
5,446
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Aerospace Corporation: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Aerospace Corporation: 4 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Aerospace Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Aerospace Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
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.
Aerospace civil systems group supports customers in three primary areas: nasa programs, noaa (national oceanic and atmospheric administration) programs and commercial, international and homeland security programs. the civil systems group work enhances our mission assurance capabilities for our national security space customer, space systems command.
Revenue grew from $884.3M (FY2013) to $1.4B (FY2023) across 11 reported years.
Financial snapshot
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3B
Total liabilities
$833.4M
Net assets
$432.3M
Salaries & benefits
$1.1B
79% of expenses
Board members
17
16 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,372,694,000▲5.5% | $1,328,028,000▲4.9% | $432,332,550▲21.7% | $1,265,737,000▲21.3% | 990 |
| 2022 | $1,301,016,000▲9.1% | $1,265,778,000▲8.9% | $355,170,235▲63.6% | $1,043,087,000▲18.3% | 990 |
| 2021 | $1,192,327,000▲2.3% | $1,162,398,000▲3.8% | $217,045,550▲302% | $881,530,000▲4.3% | 990 |
| 2020 | $1,166,046,000▲0.9% | $1,120,050,000▲1.3% | $53,962,180▲170% | $844,961,000▲8.3% | 990 |
| 2019 | $1,155,829,000▲4.0% | $1,106,205,000▲4.9% | -$77,094,153▲48.9% | $780,438,000▲10.2% | 990 |
| 2018 | $1,111,594,000▲5.3% | $1,054,569,000▲0.3% | -$151,014,239▼318% | $708,388,000▲2.8% | 990 |
| 2017 | $1,055,772,000▲8.3% | $1,051,592,000▲5.3% | -$36,170,727▲80.9% | $689,357,000▲5.0% | 990 |
| 2016 | $974,511,000▲3.4% | $998,409,000▲3.8% | -$189,610,078▲42.8% | $656,285,000▲0.3% | 990 |
| 2015 | $942,038,000▲2.7% | $961,546,000▲3.1% | -$331,583,341▼50.3% | $654,392,000▲0.5% | 990 |
| 2014 | $917,112,000▲3.7% | $932,317,000▲6.1% | -$220,578,271▼46.0% | $651,447,000▲2.1% | 990 |
| 2013 | $884,315,739 | $878,915,739▲1.0% | -$151,071,271▼18.2% | $638,157,125▲3.1% | 990 |
| 2012 | — | $870,376,550▼3.5% | -$127,851,360▲58.1% | $619,029,701▲8.9% | 990 |
| 2011 | — | $901,624,145▼3.4% | -$305,026,563▼34.4% | $568,339,894▲5.1% | 990 |
| 2010 | — | $933,143,248▲3.6% | -$226,939,177▼11.5% | $540,601,788▲16.0% | 990 |
| 2009 | — | $900,536,193 | -$203,456,098 | $466,135,088 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: S J Isakowitz — $1,952,121 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| S J Isakowitz | President & Ceo | 40 | $1,952,121 |
| W H Goodman | Vice President | 40 | $889,833 |
| J G Santee | Vice President | 40 | $859,897 |
| H R Laychak | Vice President | 40 | $752,441 |
| K D Bell | Vice President | 40 | $747,524 |
| J Morin | Vice President | 40 | $715,563 |
| M Whelan | Vice President | 40 | $714,133 |
| E M Swallow | Vice President | 40 | $705,712 |
| T L Choy | Vice President | 40 | $683,545 |
| T M Nygren | Vice President | 40 | $678,227 |
| G E Mckeown | Vice President | 40 | $674,583 |
| R L Kendall | Vice President | 40 | $581,517 |
| T Pemberton | Vice President | 40 | $542,627 |
| J M Myers | Vice President | 40 | $489,015 |
| D Emmons | Vice President | 40 | $477,938 |
| J L Emdee | Gen Mgr | 40 | $391,888 |
| L Schmidt | Vice President | 40 | $369,061 |
| S M Leontis | Gen Mgr | 40 | $362,111 |
| C T Lindsay | Gen Mgr | 40 | $362,002 |
| A B Dawdy | Gen Mgr | 40 | $355,450 |
| Contractor | Services | Paid |
|---|---|---|
| Digital Intelligence Systems LLC | Computer & Software | $9,544,383 |
| Microsoft Licensing Gp | Software & Licensing | $4,122,154 |
| World Wide Technology LLC | Technology Services | $3,231,132 |
| Servicon Systems Inc | Maintenance & Cleaning | $3,156,182 |
| Cisco System Inc | Hardware Support | $2,864,800 |
27 grants to Aerospace Corporation totaling $1.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Boston College Trustees | Sponsored sub-awd | 2024 | $188,188 |
| American Online Giving Foundation Inc | General support | 2024 | $14,237 |
| Carnegie Mellon University | Education/research | 2023 | $136,861 |
| American Online Giving Foundation Inc | General support | 2023 | $16,454 |
| Carnegie Mellon University | Education/research subcontracts | 2022 | $50,763 |
| American Online Giving Foundation Inc | General support | 2022 | $28,940 |
| Johns Hopkins University | Sub-award | 2021 | $120,104 |
| Carnegie Mellon University | Education/research subcontracts | 2021 | $34,265 |
| American Online Giving Foundation Inc | General support | 2021 | $27,265 |
| Vanderbilt University | Research | 2021 | $27,028 |
| Johns Hopkins University | Sub-award | 2020 | $136,872 |
| Vanderbilt University | Research | 2020 | $66,886 |
| American Online Giving Foundation Inc | General support | 2020 | $40,367 |
| American Online Giving Foundation Inc | General support | 2020 | $40,367 |
| Carnegie Mellon University | Education/research subcontracts | 2020 | $39,890 |
5 grants totaling $798K in FY2023. All grants made by Aerospace Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Space Workforce For Tomorrow | Support the nation's space missions | $398,015 |
| The National Gem Consortium | — | $239,653 |
| Smithsonian Institution | — | $110,400 |
| American Institute of Aeronau | — | $37,250 |
| National Defense Industrial | — | $12,606 |
Explore more
Data for Aerospace Corporation (EIN 95-2102389) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.