Ashby House Ltd

Analysis

Ashby House Ltd is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ashby House Ltd reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $774k to $1.0m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ashby House Ltd sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KS. Charities of a similar size with the same main cause include Helpful Citizens Incorporated ($1.0m), Kingdom Worldwide Humanitarian Aid and Community Development ($1.0m) and Rosemead Housing Development Corporation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $141k (14% of expenses). Other salaries and wages came to $283k. At year end it held assets of $2.7m against liabilities of $604k, net assets of $2.1m. It reported 14 employees.