Chinese American Association of Lexington Inc

Analysis

Chinese American Association of Lexington Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chinese American Association of Lexington Inc reported income of $154k and spending of $76k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $66k to $154k (+136%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 44% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chinese American Association of Lexington Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Family Advocacy Services NFP ($154k), Christian Community Health Care Inc ($154k) and Better Together Family Services ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.