Building Equity Aspiration Resilience

Analysis

Building Equity Aspiration Resilience is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Building Equity Aspiration Resilience reported income of $379k and spending of $306k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $267k to $379k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Building Equity Aspiration Resilience sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Virginia State Reading Association ($379k), Pacific Islander Festival Association ($379k) and LA Fontaine Learning Center Inc ($379k).

Compensation of current officers, directors and key employees was $104k (34% of expenses). At year end it held assets of $153k against liabilities of $0, net assets of $153k.