Asian Business Association Foundation

Analysis

Asian Business Association Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2002, 24 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 2022, Asian Business Association Foundation reported income of $359k and spending of $368k, spending 103% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $394k to $359k (-8.8%), an average of -4.5% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asian Business Association Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Revive the Roots Foundation ($359k), Old Tappan Parent Teacher Organization ($359k) and Vermilion Sea Institute ($359k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (6.2% of expenses). At year end it held assets of $106k against liabilities of $68k, net assets of $38k. It reported 1 employees.