Riverside Hua Xia Chinese School Inc

Analysis

Riverside Hua Xia Chinese School Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in January 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Riverside Hua Xia Chinese School Inc reported income of $54k and spending of $58k, spending 109% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income grew from $38k to $54k (+40%), an average of +18% a year. The sharpest change came in the year to August 2023, when income rose by 57%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Riverside Hua Xia Chinese School Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Art School of Columbia County Inc ($54k), Dorchester Community Center for the Visual Arts Inc ($54k) and Long Island Scottish Festival and Highland Games Corporation ($54k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 94% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.