Yale China Association Inc

Analysis

Yale China Association Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in June 1939, 87 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Yale China Association Inc reported income of $1.7m and spending of $1.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.7m (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Yale China Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Kids for the Kingdom Inc ($1.7m), Water to Thrive ($1.7m) and Raising Malawi Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% of the total. Compensation of current officers, directors and key employees was $206k (11% of expenses). At year end it held assets of $23.1m against liabilities of $199k, net assets of $22.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.