Lexington Chinese School Inc

Analysis

Lexington Chinese School Inc is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lexington Chinese School Inc reported income of $279k and spending of $254k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $327k to $279k (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2021, when income dropped by 43%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lexington Chinese School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Pulse Ensemble Theatre Inc ($279k), John Green Preservation Coalition Inc ($279k) and The Heart of Dance ($279k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 91% of the total. At year end it held assets of $793k against liabilities of $448k, net assets of $345k.