Asian Health Services
Analysis
Asian Health Services is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 1974, 52 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health Services reported income of $82.9m and spending of $76.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $61.7m to $82.9m (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 85% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asian Health Services sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Midwest Transplant Network Inc ($82.9m), Mental Health Cooperative Inc ($83.1m) and Dekalb Memorial Hospital Inc ($82.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $4.3m (5.7% of expenses). Other salaries and wages came to $37.3m. At year end it held assets of $138.7m against liabilities of $19.0m, net assets of $119.7m. It reported 639 employees.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Program services 55%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Midwest Transplant Network Inc | Westwood | $82.9m |
| Mental Health Cooperative Inc | Nashville | $83.1m |
| Dekalb Memorial Hospital Inc | Auburn | $82.8m |
| PMHCC Inc | Philadelphia | $83.1m |