Asian American Alliance Inc

Analysis

Asian American Alliance Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in February 2001, 25 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 December 2023, Asian American Alliance Inc reported income of $119k and spending of $42k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $119k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asian American Alliance Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Restoration Advocates ($119k), Rogers City Area Seniors Inc ($119k) and Center for Strengthening Family Coping Resources ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $296k against liabilities of $0, net assets of $296k.