Asian American Unity Coalition Inc

Analysis

Asian American Unity Coalition Inc is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Asian American Unity Coalition Inc reported income of $92k and spending of $93k, spending 101% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $106k to $92k (-14%), an average of -7.2% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asian American Unity Coalition Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Phoenix No Limits Karate Inc ($92k), Seattle Chinese New Immigrants Center ($92k) and Vita Art Center ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. At year end it held assets of $52k against liabilities of $250, net assets of $52k.