Friends of the Ashbrook Center

Analysis

Friends of the Ashbrook Center is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in November 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Ashbrook Center reported income of $1.3m and spending of $601k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $1.3m (+494%), an average of +494% a year. The sharpest change came in the year to December 2023, when income rose by 494%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Ashbrook Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Sexual Assault Resource & Counseling Center of Lebanon & SCH ($1.3m), America Scores Chicago ($1.3m) and American Friends of Migdal Torah Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.