Pui Tak Center

Analysis

Pui Tak Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2024, Pui Tak Center reported income of $3.2m and spending of $3.2m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.2m to $3.2m (+46%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pui Tak Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Partnership for Economic Policy Inc ($3.2m), The Family YMCA ($3.2m) and Big Brothers and Big Sisters of Metropolitan Milwaukee Inc ($3.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $127k (4.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.2m against liabilities of $247k, net assets of $4.0m. It reported 100 employees.