Southeast Asian Community Alliance
Analysis
Southeast Asian Community Alliance is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2011, 15 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, Southeast Asian Community Alliance reported income of $1.1m and spending of $392k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $473k to $1.1m (+133%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 46% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southeast Asian Community Alliance sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include A Kids Place Inc ($1.1m), Genesis Program Inc ($1.1m) and S a F E Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $92k (23% of expenses). Other salaries and wages came to $110k. At year end it held assets of $2.1m against liabilities of $102k, net assets of $2.0m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| A Kids Place Inc | Greeley | $1.1m |
| Genesis Program Inc | Phoenix | $1.1m |
| S a F E Inc | Welch | $1.1m |
| Society of St Vincent de Paul of Monroe Inc | Monroe | $1.1m |