Axys

Analysis

Axys is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Axys reported income of $268k and spending of $226k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $298k to $268k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Axys sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Youth Evangelism Association Inc ($268k), Louisiana Black History Hall of Fame ($268k) and San Dimas High School Athletic Booster Club Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $103k (46% of expenses). At year end it held assets of $379k against liabilities of $2,613, net assets of $377k. It reported 1 employees.