A & E Association Inc

Analysis

A & E Association Inc is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, A & E Association Inc reported income of $137k and spending of $117k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $134k to $137k (+2.5%), an average of +0.6% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, A & E Association Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Essex Community Land Trust Inc ($137k), Loretto Lions Retirement Home Inc ($137k) and Providence-Brown Street Housing Development Fund Corporation ($137k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $39k. At year end it held assets of $492k against liabilities of $231k, net assets of $261k.