Aim Community Living Inc

Analysis

Aim Community Living Inc is a registered charity in United States, based in Corning, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Aim Community Living Inc reported income of $77k and spending of $96k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $214k to $77k (-64%), an average of -40% a year. The sharpest change came in the year to December 2022, when income rose by 370%. Over the whole period it spent 23% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aim Community Living Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Forest Manor Community Development Corporation ($77k), Abilities at St Andrews Cove ($77k) and Huntsville Partners & Associates Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.6m against liabilities of $556k, net assets of $998k.