Century Chinese Language School

Analysis

Century Chinese Language School is a registered charity in United States, based in Marlborough, MA. It received its IRS tax-exemption ruling in August 1998, 28 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Century Chinese Language School reported income of $149k and spending of $134k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $203k to $149k (-27%), an average of -7.5% a year. The sharpest change came in the year to June 2021, when income dropped by 37%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Century Chinese Language School sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Stages on the Sound Inc ($149k), Northern Dutchess Symphony Orchestra ($149k) and Association of Traditional Hooking Artists ($149k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.0% and program service revenue 84% of the total. Other salaries and wages came to $58k. At year end it held assets of $266k against liabilities of $34k, net assets of $233k.