Aim Michigan

Analysis

Aim Michigan is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Aim Michigan reported income of $156k and spending of $144k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $78k to $156k (+99%), an average of +99% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aim Michigan sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Key West Little Conch Baseball League Inc ($156k), Green & Gold 12th Man Club ($156k) and Friends of Sarasota County Parks Inc ($156k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $22k against liabilities of $6,390, net assets of $16k.