Northeast Asia Education Project

Analysis

Northeast Asia Education Project is a registered charity in United States, based in Winnetka, IL. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Northeast Asia Education Project reported income of $171k and spending of $167k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $491k to $171k (-65%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Northeast Asia Education Project sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Project Beisbol Corp ($171k), American Friends of the Umm El-Fahem Museum of Contemporary Ar ($171k) and People to People ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,747 against liabilities of $0, net assets of $7,747.