South Asian Bar Association of New York Fund Inc

Analysis

South Asian Bar Association of New York Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, South Asian Bar Association of New York Fund Inc reported income of $72k and spending of $31k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $72k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Asian Bar Association of New York Fund Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include American Navion Society Ltd ($72k), Charleston School of Law ($72k) and Millbury Parents Club ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.