Asian Health Foundation Inc

Analysis

Asian Health Foundation Inc is a registered charity in United States, based in Holmdel, NJ. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health Foundation Inc reported income of $70k and spending of $72k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $29k to $70k (+140%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 891%. Over the whole period it spent 119% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asian Health Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Couchphilanthropy ($70k), Raleigh Testicular Cancer Foundation ($70k) and Vernon County Cancer Relief Fund ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $55k (76% of expenses). At year end it held assets of $120k against liabilities of $21k, net assets of $98k.