Ashfield Active Living and Wellness Communities Inc

Analysis

Ashfield Active Living and Wellness Communities Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ashfield Active Living and Wellness Communities Inc reported income of $22.1m and spending of $27.8m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.7m to $22.1m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ashfield Active Living and Wellness Communities Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include Compass Housing Alliance ($22.0m), Homestead Community Land Trust ($22.1m) and Modesto Affiliated Church Housing Corp ($22.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $6.5m. At year end it held assets of $137.2m against liabilities of $234.1m, net assets of -$96.9m. It reported 282 employees.