Aim Ministries Inc

Analysis

Aim Ministries Inc is a registered charity in United States, based in Elizabethtown, KY. It received its IRS tax-exemption ruling in April 2006, 20 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 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, Aim Ministries Inc reported income of $183k and spending of $186k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $183k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aim Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Communities for Children Inc ($183k), Rotary of Annapolis Foundation Inc ($183k) and WDM Ministry ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.