Aim-Hi Accelerator Fund Inc

Analysis

Aim-Hi Accelerator Fund Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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-Hi Accelerator Fund Inc reported income of $2.1m and spending of $649k, leaving 69% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $5.8m to $2.1m (-64%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 6.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aim-Hi Accelerator Fund Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include May-We-Help ($2.1m), Central Ohio Hospital Council ($2.1m) and Advancing Cancer Treatment ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $14.8m against liabilities of $4,975, net assets of $14.8m.