Avasara Foundation

Analysis

Avasara Foundation is a registered charity in United States, based in White Hse Sta, NJ. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Avasara Foundation reported income of $428k and spending of $161k, leaving 62% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $14k to $428k (+2992%), an average of +214% a year. The sharpest change came in the year to March 2021, when income rose by 1508%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avasara Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Letting Everyone Achieve Dreams ($428k), New Hope Chinese Cancer Care Foundation ($428k) and Marble Falls Isd Education Foundation ($428k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $657k against liabilities of $0, net assets of $657k.