Aim Hire Inc

Analysis

Aim Hire Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Aim Hire Inc reported income of $296k and spending of $113k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $296k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 44% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Aim Hire Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Enterprising Women Foundation Inc ($296k), Junior League of Seattle Inc ($296k) and Shiloh Community Development Corporation ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $57k. At year end it held assets of $254k against liabilities of $842, net assets of $253k.