Aiesec Life Inc

Analysis

Aiesec Life Inc is a registered charity in United States, based in Audubon, PA. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Aiesec Life Inc reported income of $326k and spending of $166k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $81k to $326k (+302%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 266%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aiesec Life Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include St Luke University ($326k), Police Association of Virginia ($327k) and Black Women in Ecology Evolution and Marine Science Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 36% of the total. Other salaries and wages came to $33k. At year end it held assets of $383k against liabilities of $4,678, net assets of $379k. It reported 1 employees.