Chinese Economists Society Inc

Analysis

Chinese Economists Society Inc is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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 October 2023, Chinese Economists Society Inc reported income of $259k and spending of $194k, leaving 25% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $164k to $259k (+58%), an average of +12% a year. The sharpest change came in the year to October 2023, when income rose by 302%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chinese Economists Society Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include Good Samaritan Colony ($259k), Louisiana Association of the Deaf ($259k) and Fallbrook Community Youth Baseball Council ($259k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 3.3% and program service revenue 61% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.