Aavi Inc

Analysis

Aavi Inc is a registered charity in United States, based in Ellenton, FL. It received its IRS tax-exemption ruling in June 1998, 28 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 December 2023, Aavi Inc reported income of $1.7m and spending of $1.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aavi Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Military Family Advisory Network ($1.7m), Mahaska County YMCA ($1.7m) and Help and Emergency Response Inc ($1.7m).

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 $268k. At year end it held assets of $683k against liabilities of $255k, net assets of $428k. It reported 4 employees.