Asha for Education

Analysis

Asha for Education is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Asha for Education reported income of $4.2m and spending of $3.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $4.2m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Asha for Education sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Numbersusa Education & Research Foundation ($4.2m), Opportunity International Nicaragua Inc ($4.2m) and Better World Fund ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $8.1m against liabilities of $19k, net assets of $8.0m.