Asian Chamber Foundation

Analysis

Asian Chamber Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Chamber Foundation reported income of $64k and spending of $66k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $72k to $64k (-11%), an average of -5.6% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asian Chamber Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Teutopolis Sportsbackers Club ($64k), Alliance of the Texas Dental Association ($64k) and Miracle Dancer Scholarship Foundation Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.