Aist Foundation

Analysis

Aist Foundation is a registered charity in United States, based in Warrendale, PA. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aist Foundation reported income of $2.3m and spending of $1.1m, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $439k to $2.3m (+435%), an average of +52% a year. The sharpest change came in the year to June 2020, when income rose by 345%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aist Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Crown Point Community Foundation Inc ($2.3m), Caipa Foundation Inc ($2.3m) and Lever for Change ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $12.0m against liabilities of $18k, net assets of $12.0m.