Roundtable of Chinese American Organizations

Analysis

Roundtable of Chinese American Organizations is a registered charity in United States, based in Temple City, CA. It received its IRS tax-exemption ruling in November 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 (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, Roundtable of Chinese American Organizations reported income of $137k and spending of $158k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $219k to $137k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roundtable of Chinese American Organizations sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Prescott Valley Performing Arts ($137k), Eau Claire Confluence Foundation Inc ($137k) and Inverted Arts ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.