Association of Southeastern Research Libraries Inc

Analysis

Association of Southeastern Research Libraries Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Association of Southeastern Research Libraries Inc reported income of $555k and spending of $649k, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $654k to $555k (-15%), an average of -5.3% a year. The sharpest change came in the year to June 2021, when income dropped by 18%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Southeastern Research Libraries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Islah Educational Institute ($555k), Women in Machine Learning Inc ($556k) and Dandelion Parent Education Incorporated ($555k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.1m against liabilities of $565k, net assets of $581k.