ASIAN HEALTH SERVICES
Mission Statement
Founded in 1974, AHS now serves more than 50,000 patients each year through medical, dental, and behavioral health care. With “whole patient health” at the core of our work, we extend care beyond the walls of our clinics to provide culturally competent services and address the needs of the entire community. With your generous support, we can take on the broader factors that shape health—such as food insecurity, housing, and environmental challenges—while also fostering youth leadership and advocating for safe, vibrant communities. Together, we are ensuring that our patients not only receive quality care, but also have the opportunity to thrive
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.9% | 84.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.5% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.9 mo | 6.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
13.7% | 37.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.8% | 93.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-7.5% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.0% | 7.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
8.2% | 0.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $82.9M | $76.1M | $119.7M | 87.9% | 639 |
| 2022 | $89.7M | $69.2M | $112.9M | 88.3% | 636 |
| 2021 | $99.6M | $62.1M | N/A | — | 547 |
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