Aidspan

Analysis

Aidspan is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Aidspan reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.2m (-29%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 161%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aidspan sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Nami New York State Inc ($1.2m), Morning Light Inc ($1.2m) and Morningstar Senior Solutions Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $221k. At year end it held assets of $274k against liabilities of $281k, net assets of -$6,297.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.