China Digital Times Inc

Analysis

China Digital Times Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in October 2013, 13 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 September 2023, China Digital Times Inc reported income of $3.0m and spending of $2.8m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $3.0m (+185%), an average of +30% a year. The sharpest change came in the year to September 2021, when income rose by 136%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, China Digital Times Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Miami Valley Public Media Inc ($3.0m), Zumix Inc ($3.0m) and Eugene Ballet ($3.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $204k (7.2% of expenses). Other salaries and wages came to $444k. At year end it held assets of $1.8m against liabilities of $496k, net assets of $1.3m. It reported 9 employees.