Aim Services Inc

Analysis

Aim Services Inc is a registered charity in United States, based in Saratoga Springs, NY. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Aim Services Inc reported income of $90.9m and spending of $89.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $57.0m to $90.9m (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aim Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Aspiranet ($90.8m), Presbyterian Homes Housing and Assisted Living Inc ($90.9m) and Supportive Concepts for Families Inc ($90.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $451k (0.5% of expenses). Other salaries and wages came to $53.3m. At year end it held assets of $31.0m against liabilities of $17.3m, net assets of $13.7m. It reported 3,005 employees.