Chinese Cultural & Arts Institute

Analysis

Chinese Cultural & Arts Institute is a registered charity in United States, based in Hummelstown, PA. It received its IRS tax-exemption ruling in January 2006, 20 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, Chinese Cultural & Arts Institute reported income of $55k and spending of $55k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $55k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 100% 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 & Arts Institute sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Warnecke Institute Inc ($55k), Southgate Community Players ($55k) and Cranberry Research Foundation Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.