Chinese Community Center of Capital District of New York Inc

Analysis

Chinese Community Center of Capital District of New York Inc is a registered charity in United States, based in Latham, NY. It received its IRS tax-exemption ruling in October 1973, 53 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 June 2024, Chinese Community Center of Capital District of New York Inc reported income of $213k and spending of $157k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $192k to $213k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 95%. Over the whole period it spent 83% 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 Community Center of Capital District of New York Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Lake County Wine Alliance ($213k), West End Arts and Entertainment District ($213k) and Senior Services Foundation Inc ($213k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 53% of the total. Other salaries and wages came to $51k. At year end it held assets of $1.2m against liabilities of $3,682, net assets of $1.2m.