Chinese Cultural Association of Greater Philadelphia

Analysis

Chinese Cultural Association of Greater Philadelphia is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in March 1995, 31 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Chinese Cultural Association of Greater Philadelphia reported income of $156k and spending of $140k, spending 90% of its income. Across the 5 years on record, from July 2020 to July 2024, income fell from $206k to $156k (-24%), an average of -6.7% a year. The sharpest change came in the year to July 2021, when income dropped by 53%. Over the whole period it spent 92% 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 Cultural Association of Greater Philadelphia sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Dance Masters of America Chapter 33 Inc ($156k), Casa Flamenca Inc ($156k) and The North Carolina Fourth of July Festival Inc ($156k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $71k. At year end it held assets of $742k against liabilities of $96k, net assets of $646k. It reported 29 employees.