Ashwell

Analysis

Ashwell is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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, Ashwell reported income of $9.0m and spending of $7.3m, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $873k to $9.0m (+926%), an average of +59% a year. The sharpest change came in the year to December 2019, when income rose by 229%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashwell sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Beit Tshuvah ($9.0m), Habitat for Humanity of Durham Inc ($9.0m) and Boys and Girls Clubs of Napa Valley ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.1m (15% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.1m against liabilities of $3.2m, net assets of $1.9m. It reported 45 employees.