As & Aces

Analysis

As & Aces is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2008, 18 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 December 2023, As & Aces reported income of $308k and spending of $288k, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $396k to $308k (-22%), an average of -4.9% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, As & Aces sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within LA. Charities of a similar size with the same main cause include Friends of Pioneer Valley ($308k), Pine Lake Fellowship Camp Association Inc ($308k) and Hidden Treasures ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $130k (45% of expenses). Other salaries and wages came to $33k. At year end it held assets of $562k against liabilities of $0, net assets of $562k. It reported 2 employees.