Huaxia Chinese School a New Jersey Nonprofit Corporation

Analysis

Huaxia Chinese School a New Jersey Nonprofit Corporation is a registered charity in United States, based in Tinton Falls, NJ. It received its IRS tax-exemption ruling in July 1997, 29 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 July 2024, Huaxia Chinese School a New Jersey Nonprofit Corporation reported income of $128k and spending of $125k, spending 97% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $115k to $128k (+11%), an average of +11% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huaxia Chinese School a New Jersey Nonprofit Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Boston Blockchain Association Inc ($128k), MC Markets Inc ($128k) and Vibe Show Choir Supporters ($128k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 47% and program service revenue 29% of the total. At year end it held assets of $196k against liabilities of $40k, net assets of $156k.