Ma Sharon Chinese Language School

Analysis

Ma Sharon Chinese Language School is a registered charity in United States, based in Sharon, MA. It received its IRS tax-exemption ruling in November 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ma Sharon Chinese Language School reported income of $114k and spending of $97k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $144k to $114k (-21%), an average of -21% a year. The sharpest change came in the year to June 2024, when income dropped by 21%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ma Sharon Chinese Language School sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Hispana Inc ($114k), Veterans Memorial Museum Inc ($114k) and Winchester Historical Society Inc ($114k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. At year end it held assets of $199k against liabilities of $394, net assets of $199k.