Asha-Ray of Hope Inc

Analysis

Asha-Ray of Hope Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Asha-Ray of Hope Inc reported income of $155k and spending of $143k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $155k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asha-Ray of Hope Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Alabama Ems Conference ($155k), Huddleston Life Saving & First Aid Crew Inc ($155k) and Our Brothers Home ($155k).

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 $65k. At year end it held assets of $296k against liabilities of $11k, net assets of $285k.