Long Island School of Chinese Inc

Analysis

Long Island School of Chinese Inc is a registered charity in United States, based in Jericho, NY. It received its IRS tax-exemption ruling in February 2001, 25 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 2023, Long Island School of Chinese Inc reported income of $336k and spending of $308k, spending 91% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $317k to $336k (+5.9%), an average of +1.9% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Long Island School of Chinese Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Convergence Analysis ($336k), Golden Star Educational Services ($336k) and Cpath Community Building Group ($336k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $144k. At year end it held assets of $438k against liabilities of $49k, net assets of $388k. It reported 55 employees.