Southeastern Connecticut Chinese School Inc

Analysis

Southeastern Connecticut Chinese School Inc is a registered charity in United States, based in East Lyme, CT. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 January 2024, Southeastern Connecticut Chinese School Inc reported income of $118k and spending of $82k, leaving 31% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $90k to $118k (+31%), an average of +31% a year. The sharpest change came in the year to January 2024, when income rose by 31%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Connecticut Chinese School Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within CT. Charities of a similar size with the same main cause include School of Unusual Life Learning Inc ($118k), Chagrin Falls Booster Club ($118k) and Sacramento Construction Management Educational Foundation ($118k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $51k (62% of expenses). At year end it held assets of $605k against liabilities of $0, net assets of $605k.