Blacksburg Chinese School Inc

Analysis

Blacksburg Chinese School Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Blacksburg Chinese School Inc reported income of $99k and spending of $63k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $99k (-6.6%), an average of -6.6% a year. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blacksburg Chinese School Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Holland Community Chorale Inc ($99k), Long Island Orchestra Inc ($99k) and South Shore Theatre Experience Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $196k against liabilities of $6,199, net assets of $190k.