Myanmar Chinese Association of New York Inc

Analysis

Myanmar Chinese Association of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Myanmar Chinese Association of New York Inc reported income of $226k and spending of $205k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $226k (+141%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 349%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Myanmar Chinese Association of New York Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Junebug Mother and Child Inc ($226k), Comprehend Properties Inc ($226k) and A Best Choice Mobile Ultrasound and Pregnancy Resource Center ($226k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.