North American Taiwanese Engineers Association

Analysis

North American Taiwanese Engineers Association is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in May 2003, 23 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, North American Taiwanese Engineers Association reported income of $101k and spending of $60k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $101k (+200%), an average of +200% a year. The sharpest change came in the year to December 2023, when income rose by 200%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North American Taiwanese Engineers Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Hooksett Kiwanis Foundation Inc ($101k), Overland Park Chamber Foundation ($101k) and Copper Valley Development Association Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $227k against liabilities of $4,538, net assets of $222k.