Asher Lshlomo Inc

Analysis

Asher Lshlomo Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Asher Lshlomo Inc reported income of $287k and spending of $211k, leaving 27% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $253k to $287k (+14%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Asher Lshlomo Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Islamic Association of Texas Inc ($287k), Vietnamese and American Buddhist Association Corp ($288k) and Youth with a Mission Nashville Inc ($287k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $6,250 (3.0% of expenses). Other salaries and wages came to $6,600. At year end it held assets of $140k against liabilities of $53k, net assets of $87k. It reported 1 employees.