Hua-Gen Chinese School Inc
Analysis
Hua-Gen Chinese School Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Hua-Gen Chinese School Inc reported income of $120k and spending of $101k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $110k to $120k (+8.9%), an average of +8.9% a year. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hua-Gen Chinese School Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Bais Yaakov Bnos Chayil Inc ($120k), The Parent Teacher Council of Stamford ($120k) and New Hope Lafayette ($120k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. At year end it held assets of $68k against liabilities of $478, net assets of $68k.
Income and spending
Where the income comes from
- Contributions & grants 3.3%
- Program services 97%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bais Yaakov Bnos Chayil Inc | Lakewood | $120k |
| The Parent Teacher Council of Stamford | Stamford | $120k |
| New Hope Lafayette | Lafayette | $120k |
| Berkeley Russian School | Berkeley | $120k |