Ashland Emergency Fund Inc

Analysis

Ashland Emergency Fund Inc is a registered charity in United States, based in Ashland, MA. It received its IRS tax-exemption ruling in June 1989, 37 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 December 2023, Ashland Emergency Fund Inc reported income of $154k and spending of $122k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $154k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 239%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashland Emergency Fund Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Panola County Historical and Genealogical Association ($154k), Sonshine Ministries ($154k) and Minnesota Architectural Foundation ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $516k against liabilities of $0, net assets of $516k.