Aesop Inc

Analysis

Aesop Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Aesop Inc reported income of $7.2m and spending of $4.5m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $43k to $7.2m (+16531%), an average of +259% a year. The sharpest change came in the year to June 2020, when income rose by 7488%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aesop Inc 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 94th percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Wake Forest Charter Academy ($7.2m), North Harris Montgomery Community College District Foundation ($7.2m) and Boricua College ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $270k. It paid $56k in professional fundraising fees. At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m.