Raleigh Chinese Language School

Analysis

Raleigh Chinese Language School is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 1997, 29 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 June 2024, Raleigh Chinese Language School reported income of $123k and spending of $126k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $116k to $123k (+5.8%), an average of +5.8% a year. 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, Raleigh Chinese Language School sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Prout Research Institute ($123k), Alliance of Arts and Athletics ($123k) and All Childrens Chorus of Annapolis Inc ($123k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 64% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.