Asian Resource Center

Analysis

Asian Resource Center is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Asian Resource Center reported income of $156k and spending of $166k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $230k to $156k (-32%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asian Resource Center sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Eastern Pennsylvania Down Syndrome Center ($156k), Northern California Al-Anon World Service Assembly ($157k) and Lakeview Villa Inc ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $448k against liabilities of $2,549, net assets of $445k.