Asian Partners International Inc

Analysis

Asian Partners International Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Asian Partners International Inc reported income of $658k and spending of $592k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $578k to $658k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Asian Partners International Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Jennings County Community Foundation Inc ($658k), American Friends of Institution Noam Hatorah Zichron Sinai ($658k) and Beacon Communities Charitable Fund Inc ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (11% of expenses). Other salaries and wages came to $3,030. At year end it held assets of $286k against liabilities of $142, net assets of $286k. It reported 1 employees.