Asrt Foundation

Analysis

Asrt Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Asrt Foundation reported income of $1.1m and spending of $959k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.1m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to September 2020, when income rose by 65%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asrt Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NM. Charities of a similar size with the same main cause include Club Nova Community Inc ($1.1m), Progressive Eldercare Services Inc ($1.1m) and Scottsdale Community Partners ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 0.3% of the total. At year end it held assets of $8.7m against liabilities of $62k, net assets of $8.6m.