Asher Legacy Group

Analysis

Asher Legacy Group is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Asher Legacy Group reported income of $147k and spending of $129k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $147k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asher Legacy Group sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Generation Distinct Organization ($147k), Illinois Association of Community Care Program Home Care Providers I ($147k) and Kennett Ministerial Alliance Inc ($147k).

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 $21k against liabilities of $0, net assets of $21k.