China Passage Inc

Analysis

China Passage Inc is a registered charity in United States, based in Cheswick, PA. It received its IRS tax-exemption ruling in August 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 (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, China Passage Inc reported income of $190k and spending of $214k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $261k to $190k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, China Passage Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Matthew E Russell Found ($189k), Northern Michigan Relief Sale Inc ($190k) and Thomas Charities ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (31% of expenses). Other salaries and wages came to $6,817. At year end it held assets of $117k against liabilities of $591, net assets of $116k. It reported 2 employees.