Asian Counseling and Referral Service

Analysis

Asian Counseling and Referral Service is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Counseling and Referral Service reported income of $45.5m and spending of $39.2m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.4m to $45.5m (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asian Counseling and Referral Service sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Young Mens Christian Association of Greater Grand Rapids ($45.5m), Meadowood Corporation ($45.5m) and St Augustine Manor ($45.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $412k (1.1% of expenses). Other salaries and wages came to $24.3m. At year end it held assets of $42.8m against liabilities of $7.7m, net assets of $35.1m. It reported 344 employees.