Aak International Relief Inc

Analysis

Aak International Relief Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Aak International Relief Inc reported income of $3.1m and spending of $5.5m, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $3.1m (+172%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 230%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Aak International Relief Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Falun Dafa Association of Washington DC Inc ($3.1m), Boro Park Jewish Community Council Inc ($3.1m) and Eastern Star Jewel Human Services Corporation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $441k. At year end it held assets of $5.3m against liabilities of $467k, net assets of $4.8m. It reported 11 employees.