Staten Island Chinese School Inc

Analysis

Staten Island Chinese School Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in April 2014, 12 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 June 2024, Staten Island Chinese School Inc reported income of $57k and spending of $37k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $13k to $57k (+342%), an average of +342% a year. The sharpest change came in the year to June 2024, when income rose by 342%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Staten Island Chinese School Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Laurens District 55 Band Boosters ($57k), Minnesota Cope Program ($57k) and LGG Uplift Foundation Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $16k, net assets of $48k.