China Services Ventures

Analysis

China Services Ventures is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 March 2023, China Services Ventures reported income of $208k and spending of $254k, spending 122% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $316k to $208k (-34%), an average of -9.9% a year. The sharpest change came in the year to March 2021, when income dropped by 36%. Over the whole period it spent 126% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, China Services Ventures sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include New Hope Christian Ministries ($208k), Come Alive World USA Inc ($208k) and Reach 25 Incorporated ($208k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $40k (16% of expenses). Other salaries and wages came to $12k. At year end it held assets of $265k against liabilities of $9,248, net assets of $256k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.