Ashakiran Foundation

Analysis

Ashakiran Foundation is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 December 2023, Ashakiran Foundation reported income of $121k and spending of $114k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $171k to $121k (-29%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 45% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Ashakiran Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within AL. Charities of a similar size with the same main cause include The Prosthetic Foundation ($121k), Southwest Louisiana Bar Foundation ($121k) and Our Brothers Keepers of Southern Illinois ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $882k against liabilities of $19k, net assets of $864k.