Asian American Chemical Dependency

Analysis

Asian American Chemical Dependency is a registered charity in United States, based in Lakewood, WA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 American Chemical Dependency reported income of $3.0m and spending of $2.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.0m (+130%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asian American Chemical Dependency sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Institute for Human Resources of Livingston County Illinois ($3.0m), National Community Health Partners ($3.0m) and Central Texas Palliative Care Associates ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $3.2m against liabilities of $13k, net assets of $3.2m. It reported 24 employees.