Chinto Martial Arts Inc

Analysis

Chinto Martial Arts Inc is a registered charity in United States, based in West Miami, FL. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chinto Martial Arts Inc reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $704k to $1.1m (+54%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chinto Martial Arts Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Coast Guard Blue Dolphins Swim Club ($1.1m), Ice House Skating Academy ($1.1m) and Utah Arsenal Futbol Club ($1.1m).

Compensation of current officers, directors and key employees was $93k (9.0% of expenses). Other salaries and wages came to $427k. At year end it held assets of $162k against liabilities of $24k, net assets of $138k. It reported 28 employees.