Indochina Sino-American Senior Citizen Center

Analysis

Indochina Sino-American Senior Citizen Center is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1992, 34 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 October 2023, Indochina Sino-American Senior Citizen Center reported income of $325k and spending of $289k, spending 89% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $388k to $325k (-16%), an average of -4.3% a year. The sharpest change came in the year to October 2022, when income rose by 73%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indochina Sino-American Senior Citizen Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Thrift Barns of Morris County ($325k), St Augustine Ballet Inc ($325k) and History Center of San Luis Obispo County ($325k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $162k. At year end it held assets of $1.5m against liabilities of $58k, net assets of $1.5m. It reported 23 employees.