Friends of Asha USA Inc

Analysis

Friends of Asha USA Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Friends of Asha USA Inc reported income of $426k and spending of $283k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $426k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Asha USA Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Libbys Friends ($426k), Blue River Housing ($426k) and Palmetto Free Clinic ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $237k against liabilities of $1,765, net assets of $235k.