Chinese American Planning Council Inc

Analysis

Chinese American Planning Council Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1984, 42 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 June 2023, Chinese American Planning Council Inc reported income of $81.0m and spending of $56.3m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.4m to $81.0m (+150%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chinese American Planning Council Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Childrens Home & Aid Society of Illinois ($81.0m), Trinity Services Inc ($81.1m) and Ohel Childrens Home and Family Services Inc ($80.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $809k (1.4% of expenses). Other salaries and wages came to $27.6m. At year end it held assets of $134.5m against liabilities of $31.4m, net assets of $103.1m. It reported 1,120 employees.