Taiwan Culture Center Inc

Analysis

Taiwan Culture Center Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Taiwan Culture Center Inc reported income of $60k and spending of $42k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $45k to $60k (+34%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Taiwan Culture Center Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Neighbor Kwa Jirani Foundation ($60k), Ephraim Orphan Foundation ($60k) and Gava Kids ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.