New Asia Foundation for Education and Culture

Analysis

New Asia Foundation for Education and Culture is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, New Asia Foundation for Education and Culture reported income of $179k and spending of $179k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $179k (+6.3%), an average of +1.5% a year. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, New Asia Foundation for Education and Culture sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Human Rights Law Project ($179k), Chico Project S a V E ($179k) and Life Restoration Partners International Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (34% of expenses). At year end it held assets of $72k against liabilities of $5,899, net assets of $66k. It reported 2 employees.