Asian Americans for Community Involvement of Santa Clara Co Inc

Analysis

Asian Americans for Community Involvement of Santa Clara Co Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover mental health and crisis intervention, 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 Americans for Community Involvement of Santa Clara Co Inc reported income of $30.5m and spending of $30.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.3m to $30.5m (+99%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asian Americans for Community Involvement of Santa Clara Co Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include River Hills Community Health Center Inc ($30.4m), University of Maryland Emergency Medicine Associates P a ($30.5m) and Foundation Fighting Blindness Inc ($30.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $1.0m (3.4% of expenses). Other salaries and wages came to $16.3m. At year end it held assets of $26.2m against liabilities of $5.5m, net assets of $20.8m. It reported 305 employees.