Loving Savior Lutheran Chinese School

Analysis

Loving Savior Lutheran Chinese School is a registered charity in United States, based in Chino Hills, CA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Loving Savior Lutheran Chinese School reported income of $434k and spending of $438k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $434k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 315%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loving Savior Lutheran Chinese School sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include International Cinematographers Guild Scholarship Fund Inc ($434k), Maccurdy-Salisbury Educational ($434k) and Mesivta Meromei Tzvi Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $177k (40% of expenses). Other salaries and wages came to $135k. At year end it held assets of $125k against liabilities of $77k, net assets of $48k. It reported 22 employees.