Princeton in Asia Inc

Analysis

Princeton in Asia Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in February 1963, 63 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, Princeton in Asia Inc reported income of $953k and spending of $1.1m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $953k (-65%), an average of -23% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 57% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Princeton in Asia Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Litworld International Inc ($953k), Claremont Strategy Group Inc ($954k) and German American Partnership Program Inc ($949k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $177k (15% of expenses). Other salaries and wages came to $281k. At year end it held assets of $10.4m against liabilities of $45k, net assets of $10.3m. It reported 6 employees.