Chinese Overseas Transportation Association Inc

Analysis

Chinese Overseas Transportation Association Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Chinese Overseas Transportation Association Inc reported income of $162k and spending of $101k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $190k to $162k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2021, when income dropped by 67%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chinese Overseas Transportation Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Indiana India Business Council ($162k), Keep Foundation Inc ($162k) and McKinney Boyd High School Band Boosters ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.