Ashlies Embrace

Analysis

Ashlies Embrace is a registered charity in United States, based in North Canton, OH. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ashlies Embrace reported income of $149k and spending of $91k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $191k to $149k (-22%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashlies Embrace sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Together We Foster Parents Association ($149k), Friends of Refugees Providing Education and Empowerment Inc ($149k) and Juneau Pregnancy Resource Center ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $249k against liabilities of $5,679, net assets of $243k.