Asian American for Better Community

Analysis

Asian American for Better Community is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Asian American for Better Community reported income of $53k and spending of $56k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $53k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 72% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Asian American for Better Community sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Hennepin County Sheriff Foundation ($53k), Focus Forward Project Inc ($53k) and S R O Productions III of Binghampton Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.