Center for Asia Leadership Initiatives
Analysis
Center for Asia Leadership Initiatives is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Center for Asia Leadership Initiatives reported income of $321k and spending of $373k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $321k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Asia Leadership Initiatives sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Cura Foundation ($321k), The Joseph Project ($321k) and National Association for Community Mediation - Nafcm - ($321k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $225k against liabilities of $1,020, net assets of $224k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cura Foundation | New York | $321k |
| The Joseph Project | Seatac | $321k |
| National Association for Community Mediation - Nafcm - | Louisville | $321k |
| LA Posada Inc | Twin Falls | $321k |