Aarons Presents Inc

Analysis

Aarons Presents Inc is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2024, Aarons Presents Inc reported income of $473k and spending of $494k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $243k to $473k (+95%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aarons Presents Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Soldiers 6 Inc ($473k), Wind River Community Alliance ($473k) and North Thurston Education Foundation ($473k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $23k (4.6% of expenses). Other salaries and wages came to $165k. At year end it held assets of $369k against liabilities of $33k, net assets of $336k. It reported 26 employees.