Chinese Mutual Aid International Network

Analysis

Chinese Mutual Aid International Network is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Chinese Mutual Aid International Network reported income of $64k and spending of $78k, spending 122% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $123k to $64k (-48%), an average of -28% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chinese Mutual Aid International Network sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Memon Organization of North America ($64k), The Academy of Medicine of Cincinnati Foundation ($64k) and Borrego Springs Rotary Foundation ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.