Aim High Childrens Services

Analysis

Aim High Childrens Services is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Aim High Childrens Services reported income of $4.6m and spending of $4.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 112%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aim High Childrens Services sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Mutual Assistance Network of Del Paso Heights ($4.6m), North Channel Assistance Ministries ($4.6m) and Tri-County Center for Independent Living ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $161k (3.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $1.4m against liabilities of $1.0m, net assets of $336k. It reported 100 employees.