Aster Study Center

Analysis

Aster Study Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Aster Study Center reported income of $288k and spending of $304k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $288k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Aster Study Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Trustees of Purdue University ($288k), White Stag Leadership Development Academy ($288k) and Aoa Educational Foundation Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $8,000 (2.6% of expenses). Other salaries and wages came to $87k. At year end it held assets of $155k against liabilities of $5,606, net assets of $150k. It reported 15 employees.