Asurion Compassion Fund

Analysis

Asurion Compassion Fund is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Asurion Compassion Fund reported income of $940k and spending of $861k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $862k to $940k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Asurion Compassion Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include O a E Pinsk Karlin Inc ($939k), Givsum Foundation ($940k) and North Counties Family Services ($939k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.3m against liabilities of $15k, net assets of $1.3m.