Asian American Liberation Network

Analysis

Asian American Liberation Network is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Asian American Liberation Network reported income of $590k and spending of $588k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $273k to $590k (+116%), an average of +116% a year. The sharpest change came in the year to June 2023, when income rose by 116%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Asian American Liberation Network sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Ancient Accepted Scottish Rite Valley of Cleveland Foundation ($589k), North American Bike-Share Association ($590k) and Stamford Rotary Trust Fund ($589k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $416k. At year end it held assets of $293k against liabilities of $292k, net assets of $1,456.