Aspasians

Analysis

Aspasians is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2024, Aspasians reported income of $93k and spending of $81k, spending 87% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $55k to $93k (+70%), an average of +14% a year. The sharpest change came in the year to May 2021, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aspasians sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Middlesex Kiwanis Foundation ($93k), Finch College Alumni Association Foundation ($93k) and Gridley Schools Foundation ($93k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 6.6% and program service revenue 92% of the total. At year end it held assets of $322k against liabilities of $0, net assets of $322k.