Mandarin Academy

Analysis

Mandarin Academy is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in June 2011, 15 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 December 2023, Mandarin Academy reported income of $228k and spending of $289k, spending 127% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $375k to $228k (-39%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mandarin Academy sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Lakeridge Elementary School Ptsa ($228k), Wayne Hospital Foundation Inc ($228k) and Peoria Education Foundation ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $120k (41% of expenses). Other salaries and wages came to $103k. At year end it held assets of $249k against liabilities of $19k, net assets of $229k. It reported 1 employees.