Ayeka Ltd

Analysis

Ayeka Ltd is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ayeka Ltd reported income of $100k and spending of $135k, spending 135% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $461k to $100k (-78%), an average of -40% a year. The sharpest change came in the year to December 2022, when income dropped by 72%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ayeka Ltd sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include David T Howard Middle School PTO Inc ($100k), All Paths Divinity School ($100k) and Highline High School Alumni Foundation ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $378k against liabilities of $0, net assets of $378k.