Jersey Shore Chinese School

Analysis

Jersey Shore Chinese School is a registered charity in United States, based in Holmdel, NJ. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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 July 2024, Jersey Shore Chinese School reported income of $89k and spending of $86k, spending 97% of its income. Across the 5 years on record, from July 2020 to July 2024, income fell from $90k to $89k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to July 2022, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jersey Shore Chinese School sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Holland Purchase Historic Society ($89k), Friends of the Sun City Libraries Inc ($89k) and PTA New Jersey Congress of Parents & Teachers ($89k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 35% and program service revenue 57% of the total. At year end it held assets of $257k against liabilities of $5,000, net assets of $252k.