Ashas Refuge

Analysis

Ashas Refuge is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Ashas Refuge reported income of $292k and spending of $261k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $287k to $292k (+1.8%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashas Refuge sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Community of Hope International ($292k), Miami Shores People of Color Inc- ($292k) and Lunches for Learning Incorporated ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $5,250 (2.0% of expenses). Other salaries and wages came to $89k. At year end it held assets of $65k against liabilities of $3,246, net assets of $62k. It reported 8 employees.