Aeg Foundation

Analysis

Aeg Foundation is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Aeg Foundation reported income of $254k and spending of $147k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $254k (+144%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aeg Foundation 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 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Institute for the Development of Education in the Arts ($254k), Refua Vesimcha Inc ($254k) and Clark Youth Theatre Incorporated ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.