Aim Inc - Ambitious Imaginative Motivated

Analysis

Aim Inc - Ambitious Imaginative Motivated is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in August 2022, 4 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 December 2023, Aim Inc - Ambitious Imaginative Motivated reported income of $465k and spending of $473k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $419k to $465k (+11%), an average of +11% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aim Inc - Ambitious Imaginative Motivated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Young Mind Community Center ($465k), Millennial Christian Schools ($465k) and Mark Ross Montessori Foundation ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $144k (30% of expenses). At year end it held assets of $136k against liabilities of $8,312, net assets of $127k.