A2sv Foundation

Analysis

A2sv Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in May 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, A2sv Foundation reported income of $1.2m and spending of $1.5m, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.0m to $1.2m (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A2sv Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Consortium for Early Learning Services ($1.2m), Myositis Association ($1.2m) and Angels Arms ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $168k (11% of expenses). Other salaries and wages came to $93k. At year end it held assets of $1.6m against liabilities of $40k, net assets of $1.6m. It reported 1 employees.