Aspire Foundation

Analysis

Aspire Foundation is a registered charity in United States, based in Getzville, NY. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Aspire Foundation reported income of $359k and spending of $149k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $359k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspire Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Tender Care Pregnancy Centers Inc ($359k), Carefirst Carolina Foundation Inc ($360k) and Epilepsy Support Network of Orange County ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $3.2m against liabilities of $66k, net assets of $3.1m.