Chinese-American Bio Pharmaceutical Society

Analysis

Chinese-American Bio Pharmaceutical Society is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 August 2023, Chinese-American Bio Pharmaceutical Society reported income of $149k and spending of $150k, spending 101% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $93k to $149k (+60%), an average of +60% a year. The sharpest change came in the year to August 2023, when income rose by 60%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chinese-American Bio Pharmaceutical Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Full Power Wisdom Inc ($149k), Studio 395 Foundation ($149k) and Kre8ive Fine Arts Academy Inc ($149k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. At year end it held assets of $305k against liabilities of $2,500, net assets of $303k.