Aaalac International Inc

Analysis

Aaalac International Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in June 1966, 60 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Aaalac International Inc reported income of $8.6m and spending of $8.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $8.6m (+24%), an average of +5.5% a year. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Aaalac International Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include Christian Veterinary Mission Foundation ($8.6m), National Aviary Pittsburgh Inc ($8.7m) and Humane Society of North Texas ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.6m (20% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $16.9m against liabilities of $1.8m, net assets of $15.1m. It reported 18 employees.