Aidylberg II Inc

Analysis

Aidylberg II Inc is a registered charity in United States, based in Vineyard Haven, MA. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 August 2023, Aidylberg II Inc reported income of $118k and spending of $133k, spending 112% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $91k to $118k (+31%), an average of +6.9% a year. The sharpest change came in the year to August 2023, when income rose by 16%. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aidylberg II Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Light House Station ($118k), Imperial Housing Corporation ($118k) and Ford House Inc ($118k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $26k. At year end it held assets of $628k against liabilities of $358k, net assets of $270k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.