Newton Chinese Language School

Analysis

Newton Chinese Language School is a registered charity in United States, based in Malden, MA. It received its IRS tax-exemption ruling in October 2002, 24 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, Newton Chinese Language School reported income of $720k and spending of $601k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $762k to $720k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Newton Chinese Language School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Via International Inc ($720k), The Aviation Museum of Kentucky Inc ($720k) and White Pine Community Broadcasting Inc ($719k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. At year end it held assets of $1.0m against liabilities of $258k, net assets of $773k.