Aeon America Inc

Analysis

Aeon America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Aeon America Inc reported income of $771k and spending of $771k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $609k to $771k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aeon America Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include United Way of Southwest Wyoming ($771k), Mbi Research Institute ($772k) and Air Warrior Courage Foundation ($771k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $185k (24% of expenses). Other salaries and wages came to $347k. At year end it held assets of $187k against liabilities of $187k, net assets of $35. It reported 6 employees.