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Aim Now

RegisteredEIN 47-4359360Racine, WIEducation and training
Income$641k2023-06
Spending$564ksame year
Spent / received83%5-year average
Size in its cause71st pctEducation and training
Exempt since2016School
Employees20latest return

Analysis

Aim Now is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aim Now reported income of $641k and spending of $564k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $349k to $641k (+84%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aim Now sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Inquiry Schools ($640k), Step Into a Job ($641k) and Bradley Cleveland Public Education Foundation ($640k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1,987 (0.4% of expenses). Other salaries and wages came to $381k. At year end it held assets of $569k against liabilities of $25k, net assets of $544k. It reported 20 employees.

Income and spending

$0$160k$320k$480k$641k2019 Income: $348,6242019 Spending: $304,62220192020 Income: $493,7912020 Spending: $375,55120202021 Income: $494,7112021 Spending: $368,89320212022 Income: $495,0442022 Spending: $442,92120222023 Income: $640,5922023 Spending: $563,6902023
IncomeSpending

Where the income comes from

  • Contributions & grants 33%
  • Program services 67%

Similar-sized charities, same cause

CharityLocationIncome
Inquiry SchoolsPhiladelphia$640k
Step Into a JobSan Francisco$641k
Bradley Cleveland Public Education FoundationCleveland$640k
Ousd School Pride IncOrange$641k