Stanislaus Asian American Community Resource

Analysis

Stanislaus Asian American Community Resource is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Stanislaus Asian American Community Resource reported income of $80k and spending of $56k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $80k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stanislaus Asian American Community Resource sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include United Mission of Goodwill Inc ($80k), First Jamaica Community and Urban Development Corporation ($80k) and Friends of the Joshua Tree ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.