Cherry Hill Huaxia Chinese School Inc

Analysis

Cherry Hill Huaxia Chinese School Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in August 2007, 19 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, Cherry Hill Huaxia Chinese School Inc reported income of $302k and spending of $235k, leaving 22% of income unspent that year. Across the 5 years on record, from July 2019 to June 2023, income fell from $342k to $302k (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherry Hill Huaxia Chinese School Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Hampton Educational Foundation ($301k), Spruce Inc ($302k) and Bedford County Library Inc ($301k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Other salaries and wages came to $147k. At year end it held assets of $274k against liabilities of $0, net assets of $274k. It reported 51 employees.