Aha Foundation Inc

Analysis

Aha Foundation Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in December 2007, 19 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 (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, Aha Foundation Inc reported income of $1.1m and spending of $1.5m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Aha Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Blue Dragon Childrens Foundation USA ($1.1m), US Center for Chinese Medicine by Bucm Incorporated ($1.1m) and A2s-Access to Success ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $400k (27% of expenses). Other salaries and wages came to $324k. At year end it held assets of $1.0m against liabilities of $35k, net assets of $982k. It reported 20 employees.