Ascension Project

Analysis

Ascension Project is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 March 2024, Ascension Project reported income of $65k and spending of $68k, spending 104% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $62k to $65k (+5.2%), an average of +5.2% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ascension Project sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Greater Fairbanks Racing Assn ($65k), World Class Tae Kwon Do Inc ($65k) and Marina Soccer Association ($65k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $11, net assets of $52k.