Yang Chung Scholarship Foundation USA Inc

Analysis

Yang Chung Scholarship Foundation USA Inc is a registered charity in United States, based in Oakland, NJ. 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 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, Yang Chung Scholarship Foundation USA Inc reported income of $56k and spending of $47k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $108k to $56k (-48%), an average of -28% a year. The sharpest change came in the year to December 2023, when income rose by 519%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yang Chung Scholarship Foundation USA 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 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include Escalon High School Sports Boosters ($56k), Spay Panamas Animals Yes USA ($56k) and Park Rapids Wrestling Boosters Club ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.