Aspire Relationship Center Inc

Analysis

Aspire Relationship Center Inc is a registered charity in United States, based in Lecanto, FL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Aspire Relationship Center Inc reported income of $260k and spending of $347k, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $278k to $260k (-6.6%), an average of -2.2% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aspire Relationship Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Khaos Inc ($260k), Sa Heals ($260k) and South Dakota Agricultural Foundation ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $214k. At year end it held assets of $132k against liabilities of $0, net assets of $132k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.