Asian Corporate and Entrepreneur Leaders

Analysis

Asian Corporate and Entrepreneur Leaders is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Corporate and Entrepreneur Leaders reported income of $322k and spending of $234k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $153k to $322k (+110%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asian Corporate and Entrepreneur Leaders sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within AZ. Charities of a similar size with the same main cause include Florida 1 27 Incorporated ($322k), Clinton Community Clinic Inc ($322k) and Mittens for Detroit Inc ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 38% of the total. Other salaries and wages came to $85k. At year end it held assets of $445k against liabilities of $0, net assets of $445k. It reported 1 employees.