Asian American Federation Inc is a 501(c)(3) organization based in New York, New York, registered in 1991, with $12,642,656 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$12.6M
▲ 0.1% vs prior year
Human Services median: $293K
Expenses (FY2023)
$12.9M
Net assets
$11.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Asian American Federation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Asian American Federation Inc: 10 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Asian American Federation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Asian American Federation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $553K (FY2014) to $12.6M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-2.2%
Spent more than it raised in the latest fiscal year.
Total assets
$14.6M
Total liabilities
$3.6M
Net assets
$11.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,642,656▲0.1% | $12,916,563▲1.7% | $11,038,017▼2.9% | $14,649,236▼11.4% | 990 |
| 2022 | $12,630,928▲1.9% | $12,700,845▲29.6% | $11,371,536▼0.4% | $16,541,070▼7.2% | 990 |
| 2021 | $12,394,316▲14.9% | $9,798,054▲195% | $11,413,171▲28.3% | $17,823,681▲81.1% | 990 |
| 2020 | $10,790,109▲232% | $3,319,388▲53.3% | $8,895,876▲485% | $9,841,196▲304% | 990 |
| 2019 | $3,254,417▲65.6% | $2,165,986▲28.8% | $1,519,724▲248% | $2,433,891▲97.7% | 990 |
| 2018 | $1,965,169▲2.0% | $1,681,039▼2.1% | $436,842▲125% | $1,230,808▼9.8% | 990 |
| 2017 | $1,926,068▲79.8% | $1,716,460▲46.9% | $194,285▲94.1% | $1,365,280▲213% | 990 |
| 2016 | $1,070,937▲39.6% | $1,168,430▲11.7% | $100,073▼45.2% | $436,336▼2.0% | 990 |
| 2015 | $767,047▲38.7% | $1,046,506▼5.9% | $182,736▼61.8% | $445,351▼8.2% | 990 |
| 2014 | $553,151 | $1,112,030 | $477,803 | $485,119 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
44 grants to Asian American Federation Inc totaling $7.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The New York Community Trust | For program support. | 2024 | $100,000 |
| The Asian American Foundation | Anti - hate initiative | 2024 | $100,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $11,486 |
| The Asian American Foundation | Taaf anti-hate initiative | 2023 | $115,000 |
| The New York Community Trust | For program support. | 2023 | $50,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2023 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $27,900 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2023 | $25,000 |
| American Online Giving Foundation Inc | General support | 2023 | $6,617 |
| San Francisco Foundation | Advised - to help asian american federation inc. to provide direct support to support aaf's mission on critical issues for immigrant integration. education. mental health and economic development in nyc. | 2022 | $150,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $102,500 |
| New Venture Fund | Civil rights, social action, advocacy | 2022 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $41,600 |
| American Online Giving Foundation Inc | General support | 2022 | $33,691 |
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Data for Asian American Federation Inc (EIN 13-3572287) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.