Ashland Assisted Living Inc

Analysis

Ashland Assisted Living Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ashland Assisted Living Inc reported income of $418k and spending of $326k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $394k to $418k (+6.1%), an average of +1.5% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashland Assisted Living Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include New Day Incorporated ($418k), Synaptiv Inc ($418k) and Dickey County Senior Citizens ($418k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $1.5m against liabilities of $4.0m, net assets of -$2.5m.