Channing and Popai Liem Educational Corporation

Analysis

Channing and Popai Liem Educational Corporation is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in March 2000, 26 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, Channing and Popai Liem Educational Corporation reported income of $66k and spending of $23k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $66k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Channing and Popai Liem Educational Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include The Michael P Quinn Scholarship Fund Inc ($66k), Foundation for Life Enrichment Inc ($66k) and Free & Accepted Masons of Georgia ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.