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Asaph Talks

RegisteredEIN 82-1413836Belmont, NCReligion
Income$196k2023-12
Spending$207ksame year
Spent / received97%2-year average
Size in its cause64th pctReligion
Exempt since2017Publicly supported organisat
Employees–latest return

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

$0$58k$116k$174k$232k2022 Income: $231,8232022 Spending: $209,10620222023 Income: $196,3432023 Spending: $207,3112023
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
Rhoda Wise ShrineCanton$196k
Victorious Living Church of GodSouth Holland$196k
Slough Ministries InternationalSt Johns$196k
Lighthouse Ministries of Raleigh IncCary$196k