Giving Asha Inc
Giving Asha Inc consistently operates with modest revenue, no debt, and volunteer leadership.
EIN: 203467194 · Ridgefield, CT · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $18K |
| Program Spending | 90% |
| Net Assets | $16K |
| Transparency Score | 85/100 |
Is Giving Asha Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Giving Asha Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Giving Asha Inc
Giving Asha Inc (EIN: 203467194) is a nonprofit organization based in Ridgefield, CT, classified under NTEE code Q33. The organization reported total revenue of $25K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Giving Asha Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Giving Asha Inc is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $18K |
| Surplus / Deficit | +$6K |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | 24.8% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2023, Giving Asha Inc reported a surplus of $6K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2023), Giving Asha Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | -26.3% | +56.9% |
| 2022 | +34.8% | +37.0% | -4.7% |
| 2021 | -25.9% | -29.3% | +104.2% |
| 2018 | -6.3% | -23.9% | -19.0% |
| 2017 | +48.7% | +31.1% | -53.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Giving Asha Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Giving Asha Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Giving Asha Inc:
- Consistent reporting of zero liabilities across all filings, indicating strong financial health.
- 0% officer compensation, maximizing funds available for programs.
- Positive net assets maintained throughout its history, demonstrating financial stability.
- Revenue exceeding expenses in the most recent filing (202309), leading to asset growth.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Giving Asha Inc
Is Giving Asha Inc a legitimate charity?
Giving Asha Inc (EIN: 203467194) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $25K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Giving Asha Inc spend its money?
Giving Asha Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Giving Asha Inc tax-deductible?
Giving Asha Inc is registered as a tax-exempt nonprofit (EIN: 203467194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Giving Asha Inc's spending goes to programs?
Giving Asha Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Giving Asha Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Giving Asha Inc is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Giving Asha Inc located?
Giving Asha Inc is headquartered in Ridgefield, Connecticut and files with the IRS under EIN 203467194. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Giving Asha Inc have?
Giving Asha Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $25K in total revenue.
Is Giving Asha Inc financially stable?
Yes, Giving Asha Inc appears financially stable. It consistently reports zero liabilities and has maintained positive net assets throughout its filing history, with the latest assets at $26,182. In the 202309 period, revenue ($23,459) exceeded expenses ($17,640), contributing to asset growth.
How does Giving Asha Inc manage its expenses?
Giving Asha Inc generally manages its expenses well, often keeping them close to or below its revenue. For example, in 202309, expenses were $17,640 against $23,459 in revenue, demonstrating prudent financial management.
Does Giving Asha Inc pay its officers?
No, Giving Asha Inc consistently reports 0% officer compensation across all available IRS 990 filings, indicating a volunteer leadership structure.
What is the trend in Giving Asha Inc's assets?
Giving Asha Inc's assets have shown growth over time, from $3,020 in 201109 to $26,182 currently. There have been fluctuations, but the overall trend is positive, indicating accumulation of resources.
Filing History
IRS 990 filing history for Giving Asha Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Giving Asha Inc's revenue has grown by 100.7%, moving from $12K to $23K. Total assets increased by 431.1% over the same period, from $3K to $16K. Total functional expenses rose by 32.7%, from $13K to $18K. In its most recent filing year (2023), Giving Asha Inc reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $18K | $16K | $0 | — | View 990 |
| 2022 | $23K | $24K | $10K | $0 | — | — |
| 2021 | $17K | $17K | $11K | $0 | — | View 990 |
| 2018 | $23K | $25K | $5K | $0 | — | View 990 |
| 2017 | $25K | $32K | $6K | $0 | — | — |
| 2016 | $17K | $25K | $14K | $0 | — | View 990 |
| 2015 | $61K | $45K | $22K | $0 | — | View 990 |
| 2013 | $20K | $19K | $4K | $0 | — | View 990 |
| 2012 | $17K | $17K | $3K | $0 | — | View 990 |
| 2011 | $12K | $13K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $18K, and assets of $16K (revenue +0.2% year-over-year).
- 2022: Revenue of $23K, expenses of $24K, and assets of $10K (revenue +34.8% year-over-year).
- 2021: Revenue of $17K, expenses of $17K, and assets of $11K (revenue -25.9% year-over-year).
- 2018: Revenue of $23K, expenses of $25K, and assets of $5K (revenue -6.3% year-over-year).
- 2017: Revenue of $25K, expenses of $32K, and assets of $6K (revenue +48.7% year-over-year).
- 2016: Revenue of $17K, expenses of $25K, and assets of $14K (revenue -72.5% year-over-year).
- 2015: Revenue of $61K, expenses of $45K, and assets of $22K (revenue +199.0% year-over-year).
- 2013: Revenue of $20K, expenses of $19K, and assets of $4K (revenue +19.5% year-over-year).
- 2012: Revenue of $17K, expenses of $17K, and assets of $3K (revenue +46.1% year-over-year).
- 2011: Revenue of $12K, expenses of $13K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Giving Asha Inc:
Data Sources and Methodology
This transparency report for Giving Asha Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.