Asian American Writers Workshop Inc

Analysis

Asian American Writers Workshop Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Asian American Writers Workshop Inc reported income of $333k and spending of $1.1m, spending 318% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $951k to $333k (-65%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asian American Writers Workshop Inc sits at the 70th percentile: it is larger than about 70% 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 Northport Historical Society ($333k), Center for Urban Exellence ($333k) and Zions Youth Symphony & Chorus Inc ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $116k (11% of expenses). Other salaries and wages came to $355k. At year end it held assets of $1.1m against liabilities of $65k, net assets of $1.1m. It reported 10 employees.