Aspire Together Inc

Analysis

Aspire Together Inc is a registered charity in United States, based in South Burlington, VT. It received its IRS tax-exemption ruling in March 1986, 40 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, Aspire Together Inc reported income of $279k and spending of $336k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $279k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspire Together Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 52nd percentile within VT. Charities of a similar size with the same main cause include Check for a Lump ($279k), Texas Central Hemophilia Assoc Inc ($280k) and Transcultural Nursing Society ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $63k (19% of expenses). Other salaries and wages came to $67k. At year end it held assets of $260k against liabilities of $3,227, net assets of $256k. It reported 7 employees.