Roanoke Asylum-Seekers Support Network

Analysis

Roanoke Asylum-Seekers Support Network is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Roanoke Asylum-Seekers Support Network reported income of $76k and spending of $113k, spending 149% of what it took in. Across the 2 years on record, from February 2023 to February 2024, income grew from $70k to $76k (+8.2%), an average of +8.2% a year. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roanoke Asylum-Seekers Support Network sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Community Partners of Montgomery County ($76k), Tri-Development Center Foundation ($76k) and Second Harvest Inc ($76k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.