Bay Area Asian Sports

Analysis

Bay Area Asian Sports is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2024, Bay Area Asian Sports reported income of $279k and spending of $245k, spending 88% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $256k to $279k (+8.8%), an average of +8.8% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bay Area Asian Sports sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Creative Player Sports Foundation ($279k), Tye Economic Development Corporation ($279k) and Scottsdale Miss Softball ($279k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 71% and program service revenue 19% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.