Asian American Legal Defense and Education Fund

Analysis

Asian American Legal Defense and Education Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1975, 51 years ago. 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 June 2023, Asian American Legal Defense and Education Fund reported income of $3.5m and spending of $2.9m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.5m (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 259%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Asian American Legal Defense and Education Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Chambersburg YMCA ($3.5m), Good Shepherd Manor Inc ($3.5m) and The Earth Species Project ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $260k (8.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $13.4m against liabilities of $149k, net assets of $13.2m. It reported 18 employees.