Indianapolis Chinese Community Center Inc

Analysis

Indianapolis Chinese Community Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1996, 30 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 December 2023, Indianapolis Chinese Community Center Inc reported income of $164k and spending of $123k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $164k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indianapolis Chinese Community Center 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 49th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Kirkland Preschool ($164k), Footage Foundation Inc ($164k) and Southern Methodist College ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 78% of the total. At year end it held assets of $846k against liabilities of $0, net assets of $846k.