Asian Jade Society Inc

Analysis

Asian Jade Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Asian Jade Society Inc reported income of $200k and spending of $222k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $155k to $200k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asian Jade Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Foundation for the Least Last & Lost of Visalia Inc ($199k), Deep Heart ($200k) and Hope for the Hopeless ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $313k against liabilities of $2,400, net assets of $310k.