Huaxia Chinese School at Montgomery Inc

Analysis

Huaxia Chinese School at Montgomery Inc is a registered charity in United States, based in Skillman, NJ. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Huaxia Chinese School at Montgomery Inc reported income of $189k and spending of $162k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $226k to $189k (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huaxia Chinese School at Montgomery Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Harrison Baseball Booster Club Inc ($189k), Open Doors Partners in Education Inc ($189k) and Cedar Hills Kindergarten & Preschool ($189k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $81k. At year end it held assets of $182k against liabilities of $21k, net assets of $161k.