America Chinese Evangelical Seminary

Analysis

America Chinese Evangelical Seminary is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in July 2006, 20 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 December 2023, America Chinese Evangelical Seminary reported income of $380k and spending of $301k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $597k to $380k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, America Chinese Evangelical Seminary 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 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Agape Outreach Ministries a New Jersey Nonprofit Corporation ($380k), Imagine Akron Academy ($380k) and Cypress Ranch High School Band Booster Club ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $48k (16% of expenses). Other salaries and wages came to $47k. At year end it held assets of $3.3m against liabilities of $1.6m, net assets of $1.7m.