Southeast Asian Maa Coalition Inc

Analysis

Southeast Asian Maa Coalition Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1986, 40 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 June 2023, Southeast Asian Maa Coalition Inc reported income of $3.7m and spending of $3.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.8m to $3.7m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southeast Asian Maa Coalition Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Youthnet ($3.7m), Wellspring Inc ($3.7m) and Live Oak Adult Day Services ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $134k (4.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.7m against liabilities of $486k, net assets of $3.2m. It reported 54 employees.