Asifa-Hollywood

Analysis

Asifa-Hollywood is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in September 1999, 27 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, Asifa-Hollywood reported income of $1.7m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 165%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asifa-Hollywood sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Mommies in Need Inc ($1.7m), Clearwater Neighborhood Housing Services Inc ($1.7m) and Independent Living Resource Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $171k. At year end it held assets of $1.7m against liabilities of $1,381, net assets of $1.7m. It reported 5 employees.