Livingston Huaxia Chinese School

Analysis

Livingston Huaxia Chinese School is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in June 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, Livingston Huaxia Chinese School reported income of $388k and spending of $441k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $401k to $388k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Livingston Huaxia Chinese School sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Barber-Scotia College Inc ($388k), Partnership to End AIDS Status Incorporated ($388k) and Steele Family Foundation ($388k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $9,737 (2.2% of expenses). Other salaries and wages came to $240k. At year end it held assets of $175k against liabilities of $36k, net assets of $139k. It reported 35 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.