National Association of Asian American Professionals Inc

Analysis

National Association of Asian American Professionals Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Association of Asian American Professionals Inc reported income of $1.0m and spending of $911k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $1.0m (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Association of Asian American Professionals Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Zion Child Development Center ($1.0m), Skillz 4 Life Inc ($1.0m) and Up Academy Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $111k (12% of expenses). At year end it held assets of $814k against liabilities of $239k, net assets of $574k.