Save Asian Souls Inc

Analysis

Save Asian Souls Inc is a registered charity in United States, based in Germantown, TN. It received its IRS tax-exemption ruling in April 2016, 10 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 December 2023, Save Asian Souls Inc reported income of $532k and spending of $344k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $493k to $532k (+8.0%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Save Asian Souls Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Ahepa No 23 -- Phase II Inc ($532k), Family Justice Center Foundation of Idaho ($532k) and South Carolina Respite Coalition ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $35k (10% of expenses). Other salaries and wages came to $57k. At year end it held assets of $1.0m against liabilities of $1,754, net assets of $1.0m. It reported 2 employees.