The a I M Center Inc

Analysis

The a I M Center Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The a I M Center Inc reported income of $4.5m and spending of $2.8m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $4.5m (+168%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 146%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The a I M Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Raphael House of Portland ($4.5m), North Star Council on Aging Inc ($4.5m) and Childrens Advocacy Centers of Mississippi Cacm ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $114k (4.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.1m against liabilities of $159k, net assets of $8.0m. It reported 40 employees.