The Aslan Project Inc

Analysis

The Aslan Project Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2012, 14 years ago. 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, The Aslan Project Inc reported income of $501k and spending of $746k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $478k to $501k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 187%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Aslan Project Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 44th percentile within DC. Charities of a similar size with the same main cause include St Annes School Foundation of Houston ($501k), Wa Sang Foundation ($501k) and Hands on Suburban Chicago ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $178k (24% of expenses). At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m. It reported 1 employees.