Main Line Chinese Culture Center Inc

Analysis

Main Line Chinese Culture Center Inc is a registered charity in United States, based in Bryn Mawr, PA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Main Line Chinese Culture Center Inc reported income of $282k and spending of $243k, spending 86% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $353k to $282k (-20%), an average of -5.4% a year. The sharpest change came in the year to May 2021, when income dropped by 45%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Main Line Chinese Culture Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Hocking Hills Childrens Museum Inc ($282k), Iowa Historical Foundation ($282k) and River House Inc ($282k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Other salaries and wages came to $91k. At year end it held assets of $354k against liabilities of $0, net assets of $354k. It reported 16 employees.