FCD Chinese School Inc

Analysis

FCD Chinese School Inc is a registered charity in United States, based in N Brunswick, NJ. It received its IRS tax-exemption ruling in November 2005, 21 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 August 2023, FCD Chinese School Inc reported income of $72k and spending of $66k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $122k to $72k (-40%), an average of -12% a year. The sharpest change came in the year to August 2020, when income dropped by 33%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, FCD Chinese School Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Bradford Ohio Railroad Museum Inc ($72k), Blue Ridge Arts Council ($72k) and Memphis Chapter of the National Coalition of 100 Black Women ($72k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $13k (19% of expenses). Other salaries and wages came to $22k. At year end it held assets of $16k against liabilities of $5,139, net assets of $11k. It reported 19 employees.