Assuaged Foundation Inc

Analysis

Assuaged Foundation Inc is a registered charity in United States, based in Green Vly LK, CA. It received its IRS tax-exemption ruling in June 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, Assuaged Foundation Inc reported income of $624k and spending of $20k, leaving 97% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $3,775 to $624k (+16439%), an average of +16439% a year. The sharpest change came in the year to December 2023, when income rose by 16439%. Over the whole period it spent 6.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Assuaged Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Grandview Assistance Program ($624k), STEM Library Lab ($624k) and Koreisha Senior Care & Advocacy ($624k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1,994 (10% of expenses). At year end it held assets of $1,959 against liabilities of $0, net assets of $1,959.