A I E S E C U S Inc
Analysis
A I E S E C U S Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, A I E S E C U S Inc reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $1.4m (-45%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 223%. Over the whole period it spent 113% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, A I E S E C U S Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Destiny Rescue International ($1.4m), Shine in the World Ministries ($1.4m) and Worldwide Farmers Exchange ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $125k (10.0% of expenses). Other salaries and wages came to $416k. At year end it held assets of $934k against liabilities of $342k, net assets of $591k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.6%
- Program services 97%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Destiny Rescue International | Muncie | $1.4m |
| Shine in the World Ministries | Golden Valley | $1.4m |
| Worldwide Farmers Exchange | Alameda | $1.4m |
| Lumos Foundation USA Inc | New York | $1.4m |