Ashira Program Inc

Analysis

Ashira Program Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ashira Program Inc reported income of $822k and spending of $744k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $822k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ashira Program Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Parents of P S 334 Inc ($822k), First-In Training and Education ($823k) and Charter Educational Services & Resources Inc ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $50k (6.8% of expenses). At year end it held assets of $134k against liabilities of $0, net assets of $134k. It reported 24 employees.