Asians in Advertising Inc

Analysis

Asians in Advertising Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, Asians in Advertising Inc reported income of $139k and spending of $71k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $139k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 51% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Asians in Advertising Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include League of Women Voters of Dallas ($139k), St Michaels High School Foundation ($140k) and St Joseph County Child Abuse Prevention Council Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $4,652, net assets of $82k.