Southeast Asia Resource Action Center

Analysis

Southeast Asia Resource Action Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1979, 47 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 September 2023, Southeast Asia Resource Action Center reported income of $2.2m and spending of $2.4m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.2m (+12%), an average of +2.8% a year. The sharpest change came in the year to September 2022, when income rose by 108%. Over the whole period it spent 71% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Southeast Asia Resource Action Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Eternal Charitable Foundation ($2.2m), Junior Achievement of Southwest New England ($2.2m) and Unstoppable Foundation ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $318k (13% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.4m against liabilities of $93k, net assets of $5.3m. It reported 18 employees.