Southeast Asian Coalition

Analysis

Southeast Asian Coalition is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 2013, 13 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 Coalition reported income of $708k and spending of $598k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $386k to $708k (+83%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southeast Asian Coalition sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Ocean Park Child Care Foundation ($708k), Women Refugee Care ($708k) and Fsi-Freedom Seekers International ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $362k. At year end it held assets of $367k against liabilities of $0, net assets of $367k. It reported 8 employees.