Aminas Gift Inc

Analysis

Aminas Gift Inc is a registered charity in United States, based in Gibsonville, NC. It received its IRS tax-exemption ruling in April 2016, 10 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 December 2023, Aminas Gift Inc reported income of $80k and spending of $133k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $80k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aminas Gift Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($80k), United Way of Jackson County Inc ($80k) and Switzerland Co Historical Society Main & Market St ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 134% of the total. At year end it held assets of $43k against liabilities of $65k, net assets of -$22k.