Very Asian Foundation

Analysis

Very Asian Foundation is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Very Asian Foundation reported income of $201k and spending of $197k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $211k to $201k (-4.7%), an average of -4.7% a year. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Very Asian Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within MO. Charities of a similar size with the same main cause include Indinapolis Legal Aid Foundation Inc ($201k), Urban Oak Initiative Inc ($201k) and Rose Pak Community Fund ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Other salaries and wages came to $340. At year end it held assets of $110k against liabilities of $61, net assets of $110k.