Council for Advancement and Support of Education-Asia Pacific

Analysis

Council for Advancement and Support of Education-Asia Pacific is a registered charity in United States, based in Singapore. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Council for Advancement and Support of Education-Asia Pacific reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.1m (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Council for Advancement and Support of Education-Asia Pacific 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 80th percentile. Charities of a similar size with the same main cause include Fenway High School Fund ($1.1m), Meto Inc ($1.1m) and Thomas Maclaren School Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $327k (31% of expenses). Other salaries and wages came to $235k. At year end it held assets of $437k against liabilities of $274k, net assets of $164k.