Asbury Arms North Inc

Analysis

Asbury Arms North Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Asbury Arms North Inc reported income of $445k and spending of $482k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $426k to $445k (+4.4%), an average of +1.1% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asbury Arms North Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Community Housing Fund ($445k), American Association of Residential Mortgage Regulators ($445k) and D Youville Elderly Housing Corporation ($445k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 101% of the total. Other salaries and wages came to $137k. At year end it held assets of $2.3m against liabilities of $2.9m, net assets of -$640k.