Ash Registry Inc

Analysis

Ash Registry Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ash Registry Inc reported income of $3.2m and spending of $11.1m, spending 343% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10k to $3.2m (+32125%), an average of +324% a year. The sharpest change came in the year to June 2023, when income rose by 215%. Over the whole period it spent 609% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ash Registry Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 74th percentile within DC. Charities of a similar size with the same main cause include Ecole Claire Fontaine ($3.2m), Bloomingdale School of Music Inc ($3.2m) and Soar Consortium Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $334k (3.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.7m against liabilities of $38.5m, net assets of -$35.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.