Shic Inc Asian Health Services Exchange

Analysis

Shic Inc Asian Health Services Exchange is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in May 2001, 25 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 December 2023, Shic Inc Asian Health Services Exchange reported income of $67k and spending of $81k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $67k (-0.2%), an average of -0.2% a year. Over the whole period it spent 115% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Shic Inc Asian Health Services Exchange sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within OK. Charities of a similar size with the same main cause include Haiti Humanitarian Fund ($67k), His Arms Childrens Project Inc ($67k) and Ame5t Dabo Inc ($67k).

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 $24k against liabilities of $571, net assets of $23k.