South Asian Council for Social Serv Ices Inc

Analysis

South Asian Council for Social Serv Ices Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in November 2003, 23 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, South Asian Council for Social Serv Ices Inc reported income of $5.9m and spending of $3.2m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $5.9m (+259%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Asian Council for Social Serv Ices Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Aspiritech NFP ($5.9m), Family & Children Faith Coalition Inc ($5.9m) and Nonpareil Institute ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $6.3m against liabilities of $547k, net assets of $5.8m. It reported 22 employees.