Astia

Analysis

Astia is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Astia reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $732k to $1.1m (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 245%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Astia sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Center for Inclusive Entrepreneurship ($1.1m), People Advancing Reintegration Inc ($1.1m) and Magic Johnson Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $420k (37% of expenses). Other salaries and wages came to $336k. At year end it held assets of $706k against liabilities of $59k, net assets of $647k. It reported 6 employees.