Chinese Alumni Associations of Greater Washington DC Inc

Analysis

Chinese Alumni Associations of Greater Washington DC Inc is a registered charity in United States, based in Clarksburg, MD. It received its IRS tax-exemption ruling in September 2010, 16 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, Chinese Alumni Associations of Greater Washington DC Inc reported income of $83k and spending of $88k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $83k (+170%), an average of +170% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chinese Alumni Associations of Greater Washington DC Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Khmer Kampuchea Krom Buddhist Association Inc ($83k), Friends of Jewish Heritage in Poland ($83k) and Paragon Philharmonia ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.