Organization of Chinese Americans

Analysis

Organization of Chinese Americans is a registered charity in United States, based in Madison HTS, MI. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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 September 2023, Organization of Chinese Americans reported income of $753k and spending of $611k, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $493k to $753k (+53%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 39%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Organization of Chinese Americans sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Friends of the University of Ottawa ($753k), Friends in Deed ($753k) and Business Consortium for Arts Supp ($753k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $67k (11% of expenses). Other salaries and wages came to $250k. At year end it held assets of $2.4m against liabilities of $21k, net assets of $2.4m. It reported 14 employees.