Ayni Institute Inc

Analysis

Ayni Institute Inc is a registered charity in United States, based in Revere, MA. It received its IRS tax-exemption ruling in August 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, Ayni Institute Inc reported income of $2.1m and spending of $848k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $787k to $2.1m (+172%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ayni Institute Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Sipes Orchard Home ($2.1m), Community Kitchen of Monroe County Inc ($2.1m) and Greene County Fish Pantry ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $46k (5.5% of expenses). Other salaries and wages came to $129k. At year end it held assets of $3.0m against liabilities of $142k, net assets of $2.9m. It reported 4 employees.