Asian American Coalition for Children and Families Inc

Analysis

Asian American Coalition for Children and Families Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Coalition for Children and Families Inc reported income of $11.9m and spending of $7.2m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $11.9m (+415%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 74% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Asian American Coalition for Children and Families Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Legal Services Alabama Inc ($11.9m), Central California Legal Services Inc ($11.9m) and Fbi-Leeda Inc ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $215k (3.0% of expenses). Other salaries and wages came to $1.3m. It paid $52k in professional fundraising fees. At year end it held assets of $9.6m against liabilities of $2.8m, net assets of $6.8m. It reported 29 employees.