Friends of Tsinghua Sem Inc

Analysis

Friends of Tsinghua Sem Inc is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in October 2001, 25 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, Friends of Tsinghua Sem Inc reported income of $612k and spending of $858k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $612k (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 222% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Tsinghua Sem Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Lowell Milken Center for Unsung Heroes Inc ($612k), Communities in Schools of Catoosa County Inc ($612k) and Operation Graduation ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $6,000 (0.7% of expenses). At year end it held assets of $59.1m against liabilities of $546, net assets of $59.1m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.