Asian American Community Center of Santa Clara County

Analysis

Asian American Community Center of Santa Clara County is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 2002, 24 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 June 2024, Asian American Community Center of Santa Clara County reported income of $110k and spending of $38k, leaving 65% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $711k to $110k (-85%), an average of -46% a year. The sharpest change came in the year to June 2022, when income dropped by 85%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asian American Community Center of Santa Clara County sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Williamson County Fire Chiefs Association ($110k), Rainbows End Ministries ($110k) and Gods Hygiene Help Center ($110k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $398k against liabilities of $41k, net assets of $357k. It reported 7 employees.