Minnesota Yucai Chinese School

Analysis

Minnesota Yucai Chinese School is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2020, Minnesota Yucai Chinese School reported income of $245k and spending of $183k, leaving 25% of income unspent that year. Across the 2 years on record, from August 2019 to August 2020, income fell from $298k to $245k (-18%), an average of -18% a year. The sharpest change came in the year to August 2020, when income dropped by 18%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota Yucai Chinese School sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Pioneer Library System Foundation ($245k), Woodgrove Wolverines Athletic Booster Club ($245k) and Raymond J Fisher Home and School Club Inc ($245k).

On its Form 990 for the period ending August 2020, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $124k. At year end it held assets of $342k against liabilities of $0, net assets of $342k.