Asian American Lead Ldship Empwment and Devlpment for Youth & Family

Analysis

Asian American Lead Ldship Empwment and Devlpment for Youth & Family is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Asian American Lead Ldship Empwment and Devlpment for Youth & Family reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $768k to $1.2m (+61%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 245%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asian American Lead Ldship Empwment and Devlpment for Youth & Family sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Hardee County Ministerial Association Inc ($1.2m), Leaders for Life Inc ($1.2m) and Childrens Academy ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $135k (11% of expenses). Other salaries and wages came to $556k. At year end it held assets of $2.7m against liabilities of $81k, net assets of $2.6m. It reported 18 employees.