New York Asian Americans United Inc

Analysis

New York Asian Americans United Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, New York Asian Americans United Inc reported income of $282k and spending of $277k, spending 98% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $364k to $282k (-23%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Asian Americans United Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Meadowview Christian Academy ($282k), Valley City Hockey and Figure Skating Club ($282k) and Ski Roundtop Racing Club ($282k).

Compensation of current officers, directors and key employees was $186k (67% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 46 employees.