Aaime

Analysis

Aaime is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Aaime reported income of $104k and spending of $110k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $104k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aaime sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Rotary Club of Longwood Foundation ($104k), Back Creek Benefits Inc ($104k) and The Louisa Swain Foundation ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.