United Board for Christian Higher Education in Asia

Analysis

United Board for Christian Higher Education in Asia is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1946, 80 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, United Board for Christian Higher Education in Asia reported income of $8.6m and spending of $10.1m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.7m to $8.6m (-1.6%), an average of -0.4% a year. The sharpest change came in the year to June 2021, when income rose by 107%. Over the whole period it spent 81% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, United Board for Christian Higher Education in Asia sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Fund for Armenian Relief Inc ($8.6m), Water for Good ($8.6m) and Madre Inc ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $632k (6.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $153.6m against liabilities of $1.4m, net assets of $152.1m. It reported 9 employees.