Aim Habonim Inc

Analysis

Aim Habonim Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in May 2004, 22 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, Aim Habonim Inc reported income of $241k and spending of $490k, spending 204% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $241k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 387%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aim Habonim Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Interlinc Family Foundation ($240k), Cultivating Culturally Competent Clinicians Inc ($241k) and America the Beautiful Fund Inc ($240k).

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 $120k. At year end it held assets of $291k against liabilities of $81k, net assets of $210k. It reported 3 employees.