Asa Now

Analysis

Asa Now is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Asa Now reported income of $636k and spending of $871k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $953k to $636k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2020, when income rose by 118%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asa Now sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within AZ. Charities of a similar size with the same main cause include Savin Childrens Home Inc ($636k), Young Womens Christian Association of Mankato ($636k) and Homes with Hope ($636k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $32k (3.6% of expenses). Other salaries and wages came to $72k. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m. It reported 4 employees.