Alliance of Rhode Island Southeast Asians for Education

Analysis

Alliance of Rhode Island Southeast Asians for Education is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 2017, 9 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 June 2023, Alliance of Rhode Island Southeast Asians for Education reported income of $750k and spending of $739k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $274k to $750k (+174%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance of Rhode Island Southeast Asians for Education sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within RI. Charities of a similar size with the same main cause include Take Charge Minnesota ($749k), Lexington Community Farm Coalition Inc ($750k) and Help Me Help You Foundation ($749k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $122k (17% of expenses). Other salaries and wages came to $269k. At year end it held assets of $278k against liabilities of $3,426, net assets of $274k. It reported 12 employees.