Ashrei

Analysis

Ashrei is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in July 2016, 10 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 December 2023, Ashrei reported income of $570k and spending of $572k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $370k to $570k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ashrei sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Master Minded Ministries Inc ($569k), Wingren Foundation Inc ($571k) and Revival Fires Ministries Incorporated ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $6,950. At year end it held assets of $24k against liabilities of $0, net assets of $24k.