American Chinese School of Greater Detroit

Analysis

American Chinese School of Greater Detroit is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in March 2000, 26 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, American Chinese School of Greater Detroit reported income of $192k and spending of $149k, leaving 22% of income unspent that year. Across the 6 years on record, from August 2018 to August 2023, income fell from $317k to $192k (-39%), an average of -9.5% a year. The sharpest change came in the year to August 2021, when income dropped by 38%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Chinese School of Greater Detroit sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Entertainment Theatre & Culture for Rancho Murieta ($192k), Arizona Cowboy Poets Gathering ($192k) and Empowering Through the Arts ($192k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.0% and program service revenue 94% of the total. Other salaries and wages came to $89k. At year end it held assets of $602k against liabilities of $139k, net assets of $463k.