Aim Inc

Analysis

Aim Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in December 1965, 61 years ago. 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, Aim Inc reported income of $1.1m and spending of $540k, leaving 53% of income unspent that year. Across the 6 years on record, from November 2019 to December 2023, income grew from $563k to $1.1m (+104%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 4646%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aim Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Academy of GP Orthodontics ($1.1m), Dream Opportunity ($1.1m) and Montana Bible College ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $104k (19% of expenses). Other salaries and wages came to $209k. At year end it held assets of $1.9m against liabilities of $38k, net assets of $1.9m. It reported 11 employees.