Taiwanese-American Foundation of San Diego

Analysis

Taiwanese-American Foundation of San Diego is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Taiwanese-American Foundation of San Diego reported income of $777k and spending of $217k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $697k to $777k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taiwanese-American Foundation of San Diego 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 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Art Center of the Bluegrass Inc ($777k), The Wiregrass Museum of Art Inc ($777k) and Grosse Pointe Theatre Inc ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 1.5% of the total. Other salaries and wages came to $49k. At year end it held assets of $7.0m against liabilities of $5,319, net assets of $7.0m. It reported 2 employees.