Aspiring Futures-Usa Inc

Analysis

Aspiring Futures-Usa Inc is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in March 2022, 4 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, Aspiring Futures-Usa Inc reported income of $136k and spending of $81k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $136k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aspiring Futures-Usa Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include St Mels Conference Society of St Vincent Depaul ($136k), United Peace Officers Against Crime-Upac ($136k) and Shepherd Kitchen & Thrift of White MTNS ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.1% of the total. At year end it held assets of $84k against liabilities of $6,948, net assets of $77k.