Association of Chinese Scientists & Engineers

Analysis

Association of Chinese Scientists & Engineers is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Association of Chinese Scientists & Engineers reported income of $59k and spending of $70k, spending 119% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $49k to $59k (+19%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of Chinese Scientists & Engineers sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Union Mills Learning Center Inc ($59k), Djoniba Dance & Drum Centre Ltd ($59k) and Bridgemusik Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.