Asheville-Buncombe Institute of Parity Achievement

Analysis

Asheville-Buncombe Institute of Parity Achievement is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 2004, 22 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, Asheville-Buncombe Institute of Parity Achievement reported income of $669k and spending of $739k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $669k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asheville-Buncombe Institute of Parity Achievement sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Tracy S Residential Re-Entry Center Inc ($668k), Iowa City Va Medical Research Foundation ($669k) and St Francis Foundation of Santa Barbara ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (14% of expenses). At year end it held assets of $39k against liabilities of $25k, net assets of $14k. It reported 5 employees.