Michigan New Century Chinese Center

Analysis

Michigan New Century Chinese Center is a registered charity in United States, based in Northville, MI. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Michigan New Century Chinese Center reported income of $190k and spending of $167k, spending 88% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $153k to $190k (+24%), an average of +24% a year. The sharpest change came in the year to July 2024, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan New Century Chinese Center sits at the 53rd percentile: it is larger than about 53% 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 Resoarces ($190k), Northshore College Enhancement Foundation ($190k) and Texas Surf Conservancy ($190k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 14% and program service revenue 82% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.