Aginno Institute

Analysis

Aginno Institute is a registered charity in United States, based in Liberty TWP, OH. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aginno Institute reported income of $287k and spending of $282k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $130k to $287k (+120%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aginno Institute sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Corazon a Corazon NFP ($287k), Three Village Meals on Wheels Inc ($287k) and Firewheel STEM Institute ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $28k. At year end it held assets of $108k against liabilities of $0, net assets of $108k.