Southern Connecticut Chinese School Inc

Analysis

Southern Connecticut Chinese School Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in April 2008, 18 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, Southern Connecticut Chinese School Inc reported income of $88k and spending of $102k, spending 116% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $197k to $88k (-55%), an average of -24% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern Connecticut Chinese School Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include Center for Community Dispute Settlement ($88k), Woodrow Wilson Academy PTO ($88k) and Compass Academy Parent-Teacher Organization ($88k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $23k (23% of expenses). Other salaries and wages came to $27k. At year end it held assets of $319k against liabilities of $548, net assets of $319k. It reported 33 employees.