Confucius Foundation Inc

Analysis

Confucius Foundation Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in March 2015, 11 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 December 2023, Confucius Foundation Inc reported income of $116k and spending of $119k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $116k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Confucius Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Valencia Elementary Home and School Club ($116k), Brisbane Lions Charities Inc ($116k) and Georgia Golf Environmental Foundation Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.