Kentuckiana Chinese School Inc

Analysis

Kentuckiana Chinese School Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Kentuckiana Chinese School Inc reported income of $96k and spending of $104k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $96k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kentuckiana Chinese School Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within KY. Charities of a similar size with the same main cause include Trust U/Will of Orlando R Smith ($96k), The Selective Mutism Association Inc ($96k) and Costa Mesa Civic Playhouse ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 88% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.