New York Asian Womens Center Inc

Analysis

New York Asian Womens Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1987, 39 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 December 2023, New York Asian Womens Center Inc reported income of $6.5m and spending of $7.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $6.5m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Asian Womens Center Inc sits at the 93rd percentile: it is larger than about 93% 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 LA Cheim School Inc ($6.5m), Central Florida Community Action Agency Inc ($6.5m) and Koinonia Academy ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $155k (2.1% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $11.0m against liabilities of $3.7m, net assets of $7.3m. It reported 94 employees.