Aum Foundation USA Inc

Analysis

Aum Foundation USA Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Aum Foundation USA Inc reported income of $438k and spending of $419k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $300k to $438k (+46%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 160%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aum Foundation USA Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within AL. Charities of a similar size with the same main cause include Na Lei Wili Area Health Education Center Inc ($438k), Education Foundation of Indian River County Inc ($438k) and Institute for Psychoanalytic Education ($438k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $20k (4.8% of expenses). Other salaries and wages came to $141k. At year end it held assets of $802k against liabilities of $5,898, net assets of $796k. It reported 9 employees.