Aid for Individual Development

Analysis

Aid for Individual Development is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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, Aid for Individual Development reported income of $666k and spending of $694k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $601k to $666k (+11%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aid for Individual Development sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include Whitehall Township Public Library ($666k), Habitat for Humanity International Inc ($666k) and Volunteers of America Inc ($666k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $52k (7.5% of expenses). Other salaries and wages came to $365k. At year end it held assets of $835k against liabilities of $35k, net assets of $800k. It reported 14 employees.