Aftenro Society

Analysis

Aftenro Society is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in January 1943, 83 years ago. 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, Aftenro Society reported income of $5.0m and spending of $4.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aftenro Society sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include The Little Light House Inc ($5.0m), The Childrens Center for Neurodevelopmental Studies Inc ($5.0m) and Volunteers of America Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $290k (5.9% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.9m against liabilities of $3.0m, net assets of $895k. It reported 145 employees.