Huaxia Chinese School N Y Inc

Analysis

Huaxia Chinese School N Y Inc is a registered charity in United States, based in Valhalla, NY. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Huaxia Chinese School N Y Inc reported income of $364k and spending of $378k, spending 104% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $331k to $364k (+10.0%), an average of +2.4% a year. The sharpest change came in the year to July 2022, when income rose by 100%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huaxia Chinese School N Y Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Missouri River Educational Cooperative Foundation ($364k), Monroe Foundation Inc ($364k) and Virginia Partnership for Out-Of-School Time ($364k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 4.4% and program service revenue 93% of the total. Other salaries and wages came to $156k. At year end it held assets of $411k against liabilities of $2,244, net assets of $409k. It reported 57 employees.