Chinese Language Teachers Association Inc

Analysis

Chinese Language Teachers Association Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chinese Language Teachers Association Inc reported income of $165k and spending of $213k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $165k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chinese Language Teachers Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Bravo Waukegan ($165k), Forum Jazz Dance Theatre ($165k) and George & Leah McKenna Museum of African American Art ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $24k (11% of expenses). At year end it held assets of $482k against liabilities of $0, net assets of $482k.