Hospitality Center for Chinese

Analysis

Hospitality Center for Chinese is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Hospitality Center for Chinese reported income of $444k and spending of $447k, spending 101% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $312k to $444k (+42%), an average of +9.2% a year. The sharpest change came in the year to May 2022, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hospitality Center for Chinese sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Wakefield Community Access Television Inc ($444k), Alabama Dance Works Inc ($444k) and Youth Arts Collective Inc ($444k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 88% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $66k (15% of expenses). At year end it held assets of $718k against liabilities of $54k, net assets of $664k. It reported 11 employees.