Association of Asian American Investment Managers

Analysis

Association of Asian American Investment Managers is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Association of Asian American Investment Managers reported income of $1.8m and spending of $1.4m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $29k to $1.8m (+5915%), an average of +178% a year. The sharpest change came in the year to December 2020, when income rose by 1171%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Association of Asian American Investment Managers sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Winners at Work Inc ($1.8m), 125th Street District Management Association Inc ($1.8m) and Energy Communities Alliance Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $369k (26% of expenses). Other salaries and wages came to $165k. At year end it held assets of $1.8m against liabilities of $168k, net assets of $1.6m.