Pacific and Asian Affairs Council

Analysis

Pacific and Asian Affairs Council is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in July 1960, 66 years ago. 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, Pacific and Asian Affairs Council reported income of $699k and spending of $645k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $677k to $699k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pacific and Asian Affairs Council sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within HI. Charities of a similar size with the same main cause include Rhode Island Public Expenditure Council ($699k), Hillel the Foundation for Jewish Campus Life ($699k) and Little League Baseball Inc ($699k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $65k (10% of expenses). Other salaries and wages came to $260k. At year end it held assets of $960k against liabilities of $114k, net assets of $845k. It reported 22 employees.