New York Asian Film Foundation Inc

Analysis

New York Asian Film Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, New York Asian Film Foundation Inc reported income of $543k and spending of $506k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $305k to $543k (+78%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New York Asian Film Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Cecf Wish Foundation Inc ($543k), Golisano Autism Center Inc ($543k) and Nbty Childrens Charities Inc ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $57k against liabilities of $16k, net assets of $42k.