Aims Education Foundation

Analysis

Aims Education Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in November 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aims Education Foundation reported income of $3.9m and spending of $2.8m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.9m (+131%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aims Education Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include American College of the Building Arts ($3.9m), All Five ($3.9m) and Aie Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $906k (33% of expenses). Other salaries and wages came to $564k. At year end it held assets of $32.8m against liabilities of $486k, net assets of $32.3m. It reported 14 employees.