Ashland Care Givers Association

Analysis

Ashland Care Givers Association is a registered charity in United States, based in Ashland, ME. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Ashland Care Givers Association reported income of $337k and spending of $308k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $252k to $337k (+33%), an average of +7.5% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ashland Care Givers Association sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within ME. Charities of a similar size with the same main cause include Liberty Woods Senior Housing Cooperative Inc ($336k), Vip West 184th Street Housing Development Fund Corporation ($337k) and We Are One Heart Foundation Inc ($336k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Other salaries and wages came to $196k. At year end it held assets of $325k against liabilities of $281k, net assets of $45k. It reported 13 employees.