Asian Americans Advancing Justice - Chicago

Analysis

Asian Americans Advancing Justice - Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 June 2024, Asian Americans Advancing Justice - Chicago reported income of $6.7m and spending of $2.0m, leaving 70% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $6.7m (+508%), an average of +44% a year. The sharpest change came in the year to June 2024, when income rose by 193%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asian Americans Advancing Justice - Chicago sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Childrens Museum of Phoenix ($6.7m), Contemporary Austin Museum Inc ($6.7m) and United Way of Lancaster County ($6.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $100k (4.9% of expenses). Other salaries and wages came to $872k. At year end it held assets of $10.6m against liabilities of $523k, net assets of $10.1m. It reported 14 employees.