Aslan Housing Foundation

Analysis

Aslan Housing Foundation is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Aslan Housing Foundation reported income of $621k and spending of $256k, leaving 59% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income fell from $802k to $621k (-23%), an average of -5.0% a year. The sharpest change came in the year to May 2020, when income rose by 411%. Over the whole period it spent 20% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Aslan Housing Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Solu Israel ($621k), Faith Hope and Love Outreach Ministries Inc ($622k) and Tripura Foundation Incorporated ($621k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 39% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $155k (61% of expenses). Other salaries and wages came to $13k. At year end it held assets of $9.1m against liabilities of $3.5m, net assets of $5.6m. It reported 3 employees.