San Diego Hua Xia Chinese School Incorporation

Analysis

San Diego Hua Xia Chinese School Incorporation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, San Diego Hua Xia Chinese School Incorporation reported income of $681k and spending of $651k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $620k to $681k (+9.8%), an average of +2.4% a year. The sharpest change came in the year to August 2023, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Diego Hua Xia Chinese School Incorporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Westlawn School Inc ($681k), North American Innovation Academy ($682k) and Golden State Athletic Conference Inc ($681k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $34k (5.2% of expenses). Other salaries and wages came to $172k. At year end it held assets of $2.1m against liabilities of $655k, net assets of $1.4m. It reported 33 employees.