Changs School of Martial Arts

Analysis

Changs School of Martial Arts is a registered charity in United States, based in King of Prussia, PA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Changs School of Martial Arts reported income of $91k and spending of $76k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $91k (+11%), an average of +10% a year. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Changs School of Martial Arts sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Farmer City Heritage Days Inc ($91k), Kewanee Athletics Baseball Club ($91k) and Roso Soccer Club ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 92% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.