Askinosie Foundation

Analysis

Askinosie Foundation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Askinosie Foundation reported income of $209k and spending of $245k, spending 117% of what it took in. Across the 3 years on record, from December 2018 to December 2023, income fell from $253k to $209k (-17%), an average of -9.1% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Askinosie Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within MO. Charities of a similar size with the same main cause include Claremont After-School Programs Inc ($209k), Franklin Township Soccer Club Inc ($209k) and Something Cool Incorporated ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $41k. At year end it held assets of $87k against liabilities of $4,636, net assets of $82k. It reported 2 employees.