Aaaa Foundation Inc

Analysis

Aaaa Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aaaa Foundation Inc reported income of $2.2m and spending of $2.9m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 220%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aaaa Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Ohio Assoc of Independent Schools Scholarship Granting Organization ($2.2m), Virginia Association of Chiefs of Police and Foundation Inc ($2.2m) and Infolink the Eastern New Jersey Regional Library Cooperative Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 36% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.7m against liabilities of $248k, net assets of $1.5m.