Aid in Milan Inc

Analysis

Aid in Milan Inc is a registered charity in United States, based in Milan, MI. It received its IRS tax-exemption ruling in November 1981, 45 years ago. 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, Aid in Milan Inc reported income of $305k and spending of $284k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $267k to $305k (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aid in Milan Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Kansas Foundation for Agriculture in the Classroom ($305k), Greater Lansing Jewish Welfare Federation Inc ($305k) and Youth for Christ USA Inc ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $101k. At year end it held assets of $609k against liabilities of $1,673, net assets of $607k. It reported 6 employees.