Ait North America Inc

Analysis

Ait North America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Ait North America Inc reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $2.3m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ait North America Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include International Xchange Organization ($2.3m), Pci-Media Impat Inc ($2.3m) and International Student House Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (1.6% of expenses). At year end it held assets of $634k against liabilities of $491k, net assets of $144k. It reported 1 employees.