Chinese Progressive Association

Analysis

Chinese Progressive Association is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Chinese Progressive Association reported income of $23.4m and spending of $18.4m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.8m to $23.4m (+244%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 294%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chinese Progressive Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Hawaii Residency Programs Inc ($23.4m), Pine Medical Center ($23.4m) and Bnai Brith Home & Hospital for the Aged Inc ($23.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Other salaries and wages came to $6,656. At year end it held assets of $32.8m against liabilities of $6.1m, net assets of $26.7m. It reported 1 employees.