United States Pan Asian American Chamber of Commerce Education

Analysis

United States Pan Asian American Chamber of Commerce Education is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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, United States Pan Asian American Chamber of Commerce Education reported income of $4.4m and spending of $3.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.4m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Pan Asian American Chamber of Commerce Education sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Methodist Health System Foundation Inc ($4.4m), James River Day School Inc ($4.4m) and Central Illinois Service Access Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 27% of the total. Other salaries and wages came to $599k. At year end it held assets of $8.4m against liabilities of $1.2m, net assets of $7.2m. It reported 7 employees.