Friends of the Mandarin Scholars in the SMFCSD

Analysis

Friends of the Mandarin Scholars in the SMFCSD is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Friends of the Mandarin Scholars in the SMFCSD reported income of $215k and spending of $132k, leaving 38% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income fell from $486k to $215k (-56%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 227%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Mandarin Scholars in the SMFCSD sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Illinois Conservatory for the Arts ($215k), Lakewood Memorial Library ($215k) and You Decide Kentucky Inc ($215k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $993k against liabilities of $0, net assets of $993k.