Taiwanese American Association Ofnew York Inc

Analysis

Taiwanese American Association Ofnew York Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in October 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Taiwanese American Association Ofnew York Inc reported income of $128k and spending of $99k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $175k to $128k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income rose by 450%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taiwanese American Association Ofnew York Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Penfold Theatre Company ($128k), Greek 4 Kids Inc ($128k) and Leviathan Lab Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.