New York · Nonprofit
ASIAN AMERICANS FOR EQUALITY INC
ASIAN AMERICANS FOR EQUALITY INC (New York) receives grants from 56 organizations whose IRS filings report $14,327,333 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($4,814,088). 28 of them have funded it in more than one year.
- Revenue FY2024
- $16M
- Funders on record
- 56
- Grants received
- $14M
- Net assets
- $12M
What Asian Americans for Equality Inc does
Mission
To advance racial, social and economic justice for asian americans and other systematically disadvantaged communities by creating affordable housing and economic opportunity, providing an array of multilingual community services and fostering grassroots leadership and civic engagement.
As stated on its FY2024 Form 990.
Programs
Planning and development: in the past three decades, asian americans for equality has developed and preserved more than 1,200 affordable apartments in immigrant and low-income communities across new york city. The goal of our housing development work is to create safe and healthy homes for low- and middle-income individuals and families, proviidng the housing stability they need to thrive and preserving the essential character of our diverse neighborhoods. Aafe's planning & development team has a strong track record of innovation, pioneering various programs that have become citywide models, including the use of low-income tax credits to build affordable housing, the city's affordable housing cooperative program and the post 9/11 chinatown/lower east side preservation.
$5,242,160 spentof which $1,306,360 as grants$1,184,512 earned by the program60% of program spendingCommunity outreach and education: aafe's outreach and education programs are designed to empower community members to become informed and engaged members in their buildings, neighborhoods and civic organizations. Each year, thousands of individuals attend our multilingual educational workshops and community events and participate in our advocacy campaigns. Aafe works to register voters, organize rent stabilized tenants and engage immigrant youth and low-income seniors. More than 100 volunteers help staff our food pantries, back to school giveaways and multicultural holiday celebrations.
$1,988,068 spent$1,709,846 earned by the program23% of program spendingHousing, immigration and social services: the foundation of aafe's community services is a strong belief that everyone should have equitable access to affordable and safe housing, government safety net programs and healthcare and pathways to u.s. Citizenship for themselves and their families. While maintaining community centers in manhattan's chinatown and the lower east side and flushing and jackson heights in queens, our individual counseling services are available citywide. Aafe provides multilingual assistance in english, chinese, spanish, and korean to help prevent housing displacement, connect low-income commuity members with essential social services and immigration assistance.
$1,453,272 spent$1,262,574 earned by the program17% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,683,500.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $27M to $32M (+19%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 26% · 2018 36% · 2019 26% · 2020 16% · 2021 21% · 2022 14% · 2023 22% · 2024 10%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 23 funders, grant income rose $1.0M → $2.3M.
10 of 56 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $8.2M from 2 payers (the payer shares this organization's board, largest Queens Housing and Immigration Center Corporation). These are real filings, and they are not money ASIAN AMERICANS FOR EQUALITY INC raised.
From the IRS filings of ASIAN AMERICANS FOR EQUALITY INC’s funders (the co-funder graph). Top 30 of 56 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ASIAN AMERICANS FOR EQUALITY INC leans on a few funders — its largest provides 34% of grant income and the top three 63%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
90% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASIAN AMERICANS FOR EQUALITY INC.
Largest funder’s share by year: 2017 42% · 2018 55% · 2019 57% · 2020 39% · 2021 48% · 2022 32% · 2023 24% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
59% of ASIAN AMERICANS FOR EQUALITY INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
ASIAN AMERICANS FOR EQUALITY INC draws 60% of its grant income from funders outside New York, across 15 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding ASIAN AMERICANS FOR EQUALITY INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $125k on record.
- Department of Housing and Urban Development$125k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ASIAN AMERICANS FOR EQUALITY INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Public support
79%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Part of a family of 37 related entities
- Golden Allen LLC · disregarded
- One Hardesty LLC · disregarded
- Les 8th Street LLC · disregarded
- Aafe Care Senior Center · disregarded
- 4 NYC Housing Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for ASIAN AMERICANS FOR EQUALITY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ASIAN AMERICANS FOR EQUALITY INC?
- ASIAN AMERICANS FOR EQUALITY INC (New York) receives grants from 56 organizations whose IRS filings report $14,327,333 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($4,814,088). 28 of them have funded it in more than one year.
- How many funders does ASIAN AMERICANS FOR EQUALITY INC have?
- IRS filings report 56 organizations giving $14,327,333 in grants to ASIAN AMERICANS FOR EQUALITY INC, 28 of which have funded it in more than one year.
- Who is the largest funder of ASIAN AMERICANS FOR EQUALITY INC?
- NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $4,814,088 in grants. The full list of funders is on this page.
- How can an organization like ASIAN AMERICANS FOR EQUALITY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 56 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing