Asian Youth Center

Analysis

Asian Youth Center is a registered charity in United States, based in San Gabriel, CA. It received its IRS tax-exemption ruling in December 1989, 37 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, Asian Youth Center reported income of $4.9m and spending of $5.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $4.9m (+89%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asian Youth Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Hawaii County Economic Opportunity Council ($4.9m), California Drug Consultants Inc ($4.9m) and Warren County Pathfinders ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $3.4m against liabilities of $721k, net assets of $2.7m. It reported 86 employees.