Chin Family Association Inc

Analysis

Chin Family Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Chin Family Association Inc reported income of $159k and spending of $142k, spending 89% of its income. Across the 3 years on record, from December 2018 to December 2020, income fell from $192k to $159k (-17%), an average of -9.0% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chin Family Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include The Saints ($159k), Standish Forde Hansell ($159k) and Fairview First Aid Squad ($159k).

At year end it held assets of $1.3m against liabilities of $37k, net assets of $1.3m.