Aatseel

Analysis

Aatseel is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Aatseel reported income of $228k and spending of $273k, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $138k to $228k (+66%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aatseel sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Nashville LGBT Chamber Foundation ($228k), New York Graduate School of Psychoanalysis ($228k) and Literacy Volunteers of Broome-Tioga County Inc ($228k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $240k against liabilities of $0, net assets of $240k.