Asian Technology Information Program

Analysis

Asian Technology Information Program is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Asian Technology Information Program reported income of $718k and spending of $1.4m, spending 196% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.4m to $718k (-50%), an average of -16% a year. The sharpest change came in the year to September 2020, when income dropped by 47%. Over the whole period it spent 123% 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 Technology Information Program sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include District Center for the Arts ($718k), Sphinx Foundation ($718k) and Creature Arts ($718k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $432k against liabilities of $65k, net assets of $366k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.