Serving Asia

Analysis

Serving Asia is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2021, Serving Asia reported income of $69k and spending of $41k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2019 to December 2021, income grew from $56k to $69k (+24%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Serving Asia sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Aguaclara Reach Inc ($69k), Friends of Tibetan Settlements in India ($69k) and Institute of Learning and Mentorship Corp ($69k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (55% of expenses). At year end it held assets of $38k against liabilities of $0, net assets of $38k.