Aspire Afterschool Learning

Analysis

Aspire Afterschool Learning is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Aspire Afterschool Learning reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.4m (+21%), an average of +3.8% a year. The sharpest change came in the year to June 2020, when income dropped by 34%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aspire Afterschool Learning sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Avihem Inc ($1.4m), Unstuck Ministries ($1.4m) and Clery Center for Security on Campus ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $118k (8.8% of expenses). Other salaries and wages came to $845k. At year end it held assets of $1.5m against liabilities of $131k, net assets of $1.4m. It reported 43 employees.