Ashlees Homeless Fund

Analysis

Ashlees Homeless Fund is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ashlees Homeless Fund reported income of $61k and spending of $23k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income fell from $84k to $61k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashlees Homeless Fund sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Crystal Run Owner Corp VI ($61k), Henderson County Community Partners ($61k) and Eagles Nest Foundation Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.