Assyrian American Association of San Jose Inc

Analysis

Assyrian American Association of San Jose Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Assyrian American Association of San Jose Inc reported income of $305k and spending of $206k, leaving 32% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $142k to $305k (+115%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 151%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Assyrian American Association of San Jose Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Detroit Artists Market ($305k), Heartland Youth Choir ($305k) and Greater Newburgh Symphony Orchestra Corp ($305k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.2m against liabilities of $328k, net assets of $902k.