Aspira Community Enterprises Inc

Analysis

Aspira Community Enterprises Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Aspira Community Enterprises Inc reported income of $2.2m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.2m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 171% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aspira Community Enterprises Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Park Row Christian Academy ($2.2m), Drexel Neumann Academy ($2.2m) and Grammar School Incorporated ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $20.8m against liabilities of $18.1m, net assets of $2.6m.