Albie Aware Inc

Analysis

Albie Aware Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Albie Aware Inc reported income of $289k and spending of $324k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $289k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Albie Aware Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Colorado Mission of Mercy Inc ($289k), Mercy Health Foundation Fort Scott ($289k) and Shwachman-Diamond Syndrome Alliance Inc ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $112k (34% of expenses). Other salaries and wages came to $15k. At year end it held assets of $141k against liabilities of $527, net assets of $141k. It reported 3 employees.