Aequo Foundation Inc

Analysis

Aequo Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2021, 5 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 December 2023, Aequo Foundation Inc reported income of $403k and spending of $249k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $205k to $403k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aequo Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Hardin Valley Academy Athletic Council ($403k), Holy Family Academy ($403k) and Lighthouse Academy Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 242% and program service revenue 48% of the total. At year end it held assets of $15.6m against liabilities of $15.2m, net assets of $357k.