The Us-China Catholic Association a NJ Nonprofit Corp

Analysis

The Us-China Catholic Association a NJ Nonprofit Corp is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Us-China Catholic Association a NJ Nonprofit Corp reported income of $162k and spending of $250k, spending 154% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $215k to $162k (-25%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Us-China Catholic Association a NJ Nonprofit Corp sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Mars Area Soccer Club ($162k), PTA Texas Congress ($162k) and NSCC Parent Advisory Council of Parent Cooperative Preschools ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. At year end it held assets of $347k against liabilities of $344, net assets of $346k.