Aid Inc

Analysis

Aid Inc is a registered charity in United States, based in Mandan, ND. It received its IRS tax-exemption ruling in June 1986, 40 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 Inc reported income of $379k and spending of $422k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $379k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aid Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 61st percentile within ND. Charities of a similar size with the same main cause include Circassion Benevolent Association ($379k), Kearny County Community Foundation ($379k) and Visiting Neighbors Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $181k. At year end it held assets of $319k against liabilities of $2,366, net assets of $317k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.