Ainak

Analysis

Ainak is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in February 2016, 10 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, Ainak reported income of $71k and spending of $70k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $71k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ainak sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Reconcile Christian Ministries Inc ($71k), White House Village Residents Association ($71k) and Bhutanese Community of Central Pennsylvania ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $269k against liabilities of $1,024, net assets of $268k.