Asylum Seeker Advocacy Project Inc

Analysis

Asylum Seeker Advocacy Project 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 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, Asylum Seeker Advocacy Project Inc reported income of $8.2m and spending of $3.3m, leaving 60% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.9m to $8.2m (+40%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 120%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asylum Seeker Advocacy Project Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Integrated Family Community Services ($8.2m), Prairieland Service Coordination Inc ($8.2m) and American Legion Department of Ohio Charities Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $761k (23% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $12.3m against liabilities of $235k, net assets of $12.1m. It reported 27 employees.