Asaph Talks
Analysis
Asaph Talks is a registered charity in United States, based in Belmont, NC. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Asaph Talks reported income of $196k and spending of $207k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $232k to $196k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 97% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Asaph Talks sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Rhoda Wise Shrine ($196k), Victorious Living Church of God ($196k) and Slough Ministries International ($196k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rhoda Wise Shrine | Canton | $196k |
| Victorious Living Church of God | South Holland | $196k |
| Slough Ministries International | St Johns | $196k |
| Lighthouse Ministries of Raleigh Inc | Cary | $196k |