Ayco

Analysis

Ayco is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ayco reported income of $4.0m and spending of $2.7m, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.0m to $4.0m (+287%), an average of +57% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ayco sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Opportunity Homes Inc ($3.9m), Sherman Lake YMCA Outdoor Center ($4.0m) and Pediatric Dental Initiative of the North Coast ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $135k (4.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.3m against liabilities of $428k, net assets of $4.9m. It reported 25 employees.