The Aasha Foundation

Analysis

The Aasha Foundation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 2007, 19 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, The Aasha Foundation reported income of $156k and spending of $147k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $156k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Aasha Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within NV. Charities of a similar size with the same main cause include Casa of St Croix County ($156k), Area Residential Care Foundation ($156k) and Lighthouse of Hope Counseling Center ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $178k against liabilities of $1,285, net assets of $177k.