Asbury Villas

Analysis

Asbury Villas is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Asbury Villas reported income of $5.5m and spending of $4.3m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $5.5m (+21%), an average of +4.9% a year. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asbury Villas sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Dutchess County Agricultural Society Inc ($5.5m), St Joseph Academy Inc ($5.5m) and Hays-Caldwell Womens Center ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $7.9m against liabilities of $7.4m, net assets of $467k. It reported 45 employees.