Asian-American Coalition for Education

Analysis

Asian-American Coalition for Education is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Asian-American Coalition for Education reported income of $332k and spending of $340k, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $266k to $332k (+25%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asian-American Coalition for Education sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Phoenix Rheumatology Association Inc ($332k), Black and Silver Brigade Band Boosters Inc ($332k) and Stanza Education Corporation ($332k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $72k (21% of expenses). Other salaries and wages came to $49k. At year end it held assets of $95k against liabilities of $15k, net assets of $81k. It reported 18 employees.