Chinese Service Center USA

Analysis

Chinese Service Center USA is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in July 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, Chinese Service Center USA reported income of $290k and spending of $203k, leaving 30% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $340k to $290k (-15%), an average of -5.2% a year. The sharpest change came in the year to June 2023, when income rose by 94%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chinese Service Center USA sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Overseas China Education Foundation ($290k), Clinton Community Educationalfoundation ($290k) and Middle Country Library Foundation Inc ($290k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 85% of the total. At year end it held assets of $599k against liabilities of $0, net assets of $599k.