Asian Americans United

Analysis

Asian Americans United is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Americans United reported income of $798k and spending of $645k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $413k to $798k (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 61% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Asian Americans United sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Math Enrichment Summer Academy Inc ($798k), City Startup Labs Inc ($799k) and Community Athletic Soccer Academy ($795k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $74k (12% of expenses). Other salaries and wages came to $305k. At year end it held assets of $2.3m against liabilities of $671k, net assets of $1.6m. It reported 45 employees.