Ed Asner Family Center

Analysis

Ed Asner Family Center is a registered charity in United States, based in Studio City, CA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Ed Asner Family Center reported income of $1.4m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $652k to $1.4m (+111%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ed Asner Family Center 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 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Mc2 Community Development Corporation ($1.4m), Couple to Couple League International Inc ($1.4m) and Hoola Veteran Services ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $320k (20% of expenses). Other salaries and wages came to $439k. At year end it held assets of $461k against liabilities of $219k, net assets of $243k. It reported 14 employees.