Aspect Inc

Analysis

Aspect Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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 June 2023, Aspect Inc reported income of $77k and spending of $66k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $53k to $77k (+46%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aspect Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Society of Federal Labor & Employee Relations Professional Inc Sflerp ($77k), Foundation of the Rotary Club of Forest Grove ($77k) and Little Traverse Historical Society ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $13k. At year end it held assets of $222k against liabilities of $315k, net assets of -$93k. It reported 1 employees.