Huan-Yu Education Center Inc

Analysis

Huan-Yu Education Center Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in August 2002, 24 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, Huan-Yu Education Center Inc reported income of $502k and spending of $440k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $408k to $502k (+23%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 754%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huan-Yu Education Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Mt Erie Christian Academy Inc ($502k), Vermillion Public Schools Foundation ($502k) and Wisconsin Alliance for Excellent Schools Inc ($502k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $218k (50% of expenses). Other salaries and wages came to $22k. At year end it held assets of $191k against liabilities of $3,783, net assets of $187k. It reported 5 employees.