Assyrian American Association of Southern California

Analysis

Assyrian American Association of Southern California is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in July 1979, 47 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Assyrian American Association of Southern California reported income of $58k and spending of $32k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $73k to $58k (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2022, when income rose by 1827%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Assyrian American Association of Southern California sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Cape Barnabas Inc ($58k), Rockland Business Womens Network Inc ($58k) and Akron Rotary Foundation ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 4.5% of the total. At year end it held assets of $575k against liabilities of $5,518, net assets of $569k.