Asha-ray of Hope Inc is a 501(c)(3) organization based in Columbus, Ohio, registered in 2004, with $176,129 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$176K
▲ 13.7% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$159K
Net assets
$302K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Asha-ray of Hope Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Asha-ray of Hope Inc: 23 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Asha-ray of Hope Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Asha-ray of Hope Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $34K (FY2011) to $176K (FY2024) across 14 reported years.
Financial snapshot
Operating margin
9.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$309K
Total liabilities
$7,402
Net assets
$302K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $176,129▲13.7% | $159,072▲11.1% | $301,563▲6.0% | $308,965▲4.5% | 990 |
| 2023 | $154,887▼15.5% | $143,214▼7.1% | $284,506▲4.3% | $295,659▲6.4% | 990 |
| 2022 | $183,200▲5.1% | $154,174▼6.3% | $272,833▲11.9% | $277,921▲0.4% | 990 |
| 2021 | $174,274▼32.5% | $164,477▼26.4% | $243,807▲4.2% | $276,775▲5.8% | 990 |
| 2020 | $258,321▼13.9% | $223,502▼11.9% | $234,010▲17.5% | $261,685▲6.1% | 990 |
| 2019 | $299,855▲15.1% | $253,654▼1.9% | $199,191▲30.2% | $246,623▲59.5% | 990 |
| 2018 | $260,613▼8.5% | $258,600▲1.6% | $152,990▲1.3% | $154,579▲2.4% | 990 |
| 2017 | $284,839 | $254,524▼0.6% | $150,977▲25.1% | $150,977▲25.1% | 990 |
| 2016 | $284,772▲288% | $255,983▲477% | $120,661▲31.3% | $120,661▲31.3% | 990 |
| 2015 | $73,407▲12.1% | $44,397▲30.3% | $91,872▲46.1% | $91,872▲46.1% | 990 |
| 2014 | $65,456▲94.8% | $34,063▼19.4% | $62,862▲99.8% | $62,862▲99.8% | 990 |
| 2013 | $33,597▼22.3% | $42,237▼12.3% | $31,469▼21.9% | $31,469▼21.9% | 990 |
| 2012 | $43,259▲25.8% | $48,186▲17.0% | $40,295▼10.9% | $40,295▼10.9% | 990EZ |
| 2011 | $34,387 | $41,175 | $45,222 | $45,222 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Asha-ray of Hope Inc totaling $22K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Columbus Foundation | Social services | 2023 | $6,220 |
| Columbus Foundation | Social services | 2022 | $9,276 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $6,250 |
| Columbus Foundation | Social services | 2015 | $20 |
Explore more
Data for Asha-ray of Hope Inc (EIN 55-0809558) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.