San Diego Chinese Cultural Assoc

Analysis

San Diego Chinese Cultural Assoc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Diego Chinese Cultural Assoc reported income of $331k and spending of $330k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $363k to $331k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to June 2021, when income rose by 104%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Diego Chinese Cultural Assoc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Omega Nu-Sigma Alpha Chapter ($331k), Scotch Plains Fanwood Scholarship Fund ($331k) and Franklin N Flaschner Judicial Institute Inc ($331k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Other salaries and wages came to $152k. At year end it held assets of $1.0m against liabilities of $169k, net assets of $847k. It reported 46 employees.