United States-China Exchange Council

Analysis

United States-China Exchange Council is a registered charity in United States, based in Castro Valley, CA. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2022, United States-China Exchange Council reported income of $143k and spending of $455k, spending 319% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.3m to $143k (-89%), an average of -52% a year. The sharpest change came in the year to December 2021, when income rose by 570%. Over the whole period it spent 137% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, United States-China Exchange Council sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Japan America Society of Greater Cincinnati ($143k), Mukhmas Charity Fund Inc ($143k) and Hope Renewed International ($142k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 103% of the total. Compensation of current officers, directors and key employees was $276k (61% of expenses). At year end it held assets of $710k against liabilities of $37k, net assets of $673k. It reported 3 employees.

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.