Aslan Inc

Analysis

Aslan Inc is a registered charity in United States, based in Red Bank, NJ. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aslan Inc reported income of $461k and spending of $489k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $625k to $461k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Aslan Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Miami Institute Inc ($461k), Lantern Light Camps Inc ($461k) and Road Runners Club of America ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $73k (15% of expenses). Other salaries and wages came to $170k. At year end it held assets of $346k against liabilities of $22k, net assets of $324k. It reported 6 employees.