Aspyr

Analysis

Aspyr is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Aspyr reported income of $11.8m and spending of $11.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $11.8m (+90%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Aspyr sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Operating Engineers Local 825 ($11.7m), Goodwill Industries of South Central Ohio ($11.8m) and Relief Enterprise Inc ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $295k (2.5% of expenses). Other salaries and wages came to $640k. At year end it held assets of $5.4m against liabilities of $5.1m, net assets of $291k. It reported 13 employees.