College Aim Inc

Analysis

College Aim Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, College Aim Inc reported income of $785k and spending of $718k, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $192k to $785k (+310%), an average of +42% a year. The sharpest change came in the year to July 2022, when income rose by 82%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Aim Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Legacy Project ($785k), Northwest Youth Music Association ($785k) and University of Alabama Donor Advised Fund ($785k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $70k (9.8% of expenses). Other salaries and wages came to $409k. At year end it held assets of $335k against liabilities of $0, net assets of $335k. It reported 1 employees.