Chinese Community Concerns Corporation Chinatown Head Start

Analysis

Chinese Community Concerns Corporation Chinatown Head Start is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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, Chinese Community Concerns Corporation Chinatown Head Start reported income of $2.0m and spending of $2.0m, spending 101% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $1.5m to $2.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to January 2022, when income rose by 69%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chinese Community Concerns Corporation Chinatown Head Start sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Van Ness Recovery House ($2.0m), Habitat for Humanity International Inc ($2.0m) and Naval Submarine League ($2.0m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $33k against liabilities of $20k, net assets of $14k. It reported 15 employees.