Aldie Foundation

Analysis

Aldie Foundation is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in July 1977, 49 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Aldie Foundation reported income of $5.0m and spending of $4.8m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $5.2m to $5.0m (-3.6%), an average of -0.9% a year. The sharpest change came in the year to June 2024, when income dropped by 19%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aldie Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Interfaith Health Center Inc ($5.0m), New View Alliance Inc ($5.0m) and Valley View Nursing Home of Houston Inc ($5.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $214k (4.5% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $6.3m against liabilities of $2.6m, net assets of $3.7m. It reported 66 employees.