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Ascend Nonprofit Solutions Inc

RegisteredEIN 56-2215129Charlotte, NCPoverty relief
Income$6.6m2024-06
Spending$6.2msame year
Spent / received90%5-year average
Size in its cause92nd pctPoverty relief
Exempt since2025Supporting organisation (typ
Employees43latest return

Analysis

Ascend Nonprofit Solutions Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2025. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ascend Nonprofit Solutions Inc reported income of $6.6m and spending of $6.2m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.9m to $6.6m (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ascend Nonprofit Solutions Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Maharishi Global Administration Through Natural Law ($6.6m), Servtech ($6.6m) and St Vincent de Paul Salvage Bureau ($6.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $788k (13% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $15.5m against liabilities of $3.2m, net assets of $12.3m. It reported 43 employees.

Income and spending

$0$1.7m$3.3m$5.0m$6.6m2020 Income: $3,882,7612020 Spending: $3,248,81420202021 Income: $4,832,2842021 Spending: $3,887,18120212022 Income: $4,970,3352022 Spending: $4,730,98120222023 Income: $5,519,8782023 Spending: $5,209,23820232024 Income: $6,616,8092024 Spending: $6,171,9712024
IncomeSpending

Where the income comes from

  • Contributions & grants 17%
  • Program services 80%
  • Other 2.4%

Similar-sized charities, same cause

CharityLocationIncome
Maharishi Global Administration Through Natural LawLivingstn MNR$6.6m
ServtechGilbert$6.6m
St Vincent de Paul Salvage BureauCoeur D Alene$6.6m
Jersey Battered Womens ServiceMorristown$6.6m