Chicago Northwest Suburban Chinese School

Analysis

Chicago Northwest Suburban Chinese School is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Chicago Northwest Suburban Chinese School reported income of $77k and spending of $74k, spending 96% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $81k to $77k (-5.3%), an average of -5.3% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chicago Northwest Suburban Chinese School sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include National Association for Korean Schools Northern California Chapt ($77k), Colbert County Historical Landmarks Foundation Inc ($77k) and Weyauwega Arts Organization Inc ($77k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 7.3% and program service revenue 89% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.