Huaxia Edison Chinese School a NJ Nonprofit Organization

Analysis

Huaxia Edison Chinese School a NJ Nonprofit Organization is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Huaxia Edison Chinese School a NJ Nonprofit Organization reported income of $153k and spending of $162k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $206k to $153k (-25%), an average of -9.3% a year. The sharpest change came in the year to June 2023, when income rose by 112%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huaxia Edison Chinese School a NJ Nonprofit Organization sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Culver City Community Scholarship Fund Inc ($153k), A a M T a ($153k) and Carpinteria High School Booster Club ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 95% of the total. Other salaries and wages came to $66k. At year end it held assets of $287k against liabilities of $112k, net assets of $176k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.