Aware Inc

Analysis

Aware Inc is a registered charity in United States, based in Sharon, PA. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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 2023, Aware Inc reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+54%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aware 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 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Laguna de Santa Rosa Foundation ($1.7m), Foundation for the Iowa City Community School District ($1.7m) and Help Incorporated Center Against Violence ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (7.9% of expenses). Other salaries and wages came to $736k. At year end it held assets of $838k against liabilities of $232k, net assets of $606k. It reported 30 employees.