Friends of Mandarin Immersion Program
Analysis
Friends of Mandarin Immersion Program is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in February 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 October 2022, Friends of Mandarin Immersion Program reported income of $135k and spending of $116k, spending 85% of its income. Across the 4 years on record, from October 2019 to October 2022, income grew from $133k to $135k (+1.7%), an average of +0.6% a year. The sharpest change came in the year to October 2021, when income rose by 21%. Over the whole period it spent 62% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Mandarin Immersion Program sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Project Ole ($135k), Illinois Art Education Assn ($135k) and Woodland Centers Inc ($135k).
On its Form 990 for the period ending October 2022, revenue came from contributions and grants 118% of the total. At year end it held assets of $418k against liabilities of $0, net assets of $418k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Ole | San Francisco | $135k |
| Illinois Art Education Assn | Prospect HTS | $135k |
| Woodland Centers Inc | Gallipolis | $135k |
| Cane Bay High School Band Boosters | Summerville | $135k |