San Gabriel Valley Chinese Cultural Assoc Inc

Analysis

San Gabriel Valley Chinese Cultural Assoc Inc is a registered charity in United States, based in Hacienda HTS, CA. It received its IRS tax-exemption ruling in December 1972, 54 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Gabriel Valley Chinese Cultural Assoc Inc reported income of $167k and spending of $69k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $167k (+262%), an average of +262% a year. The sharpest change came in the year to December 2023, when income rose by 262%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Gabriel Valley Chinese Cultural Assoc 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 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Jcfilms Studio Inc ($167k), Gujarti Samaj Inc ($167k) and A Texas Turn or Two Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 54% of the total. At year end it held assets of $359k against liabilities of $0, net assets of $359k.