Asha Partners

Analysis

Asha Partners is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Asha Partners reported income of $1.1m and spending of $1.4m, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $3.2m to $1.1m (-65%), an average of -29% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 123% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Asha Partners sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include The Altar Fellowship ($1.1m), Cedar Bay Camp and Retreat Center Inc ($1.1m) and Sustainable Faith ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 140% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $371k (26% of expenses). Other salaries and wages came to $204k. At year end it held assets of $2.6m against liabilities of $825k, net assets of $1.8m. It reported 9 employees.