Ashe Developmental Day School Inc

Analysis

Ashe Developmental Day School Inc is a registered charity in United States, based in Jefferson, NC. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Ashe Developmental Day School Inc reported income of $487k and spending of $642k, spending 132% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $477k to $487k (+2.1%), an average of +0.4% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashe Developmental Day School Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Peer Empowerment Network a Nonprofit Corporation ($487k), Redeemer Center for Life Inc ($487k) and Miracle Babies ($487k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 64% of the total. Other salaries and wages came to $469k. It paid $500 in professional fundraising fees. At year end it held assets of $334k against liabilities of $399k, net assets of -$65k. It reported 46 employees.