Chinareach

Analysis

Chinareach is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Chinareach reported income of $545k and spending of $466k, spending 85% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $524k to $545k (+4.0%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chinareach sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within KS. Charities of a similar size with the same main cause include Aramaic Broadcasting Network Inc ($545k), His International Inc ($545k) and The@majlis ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $96k (21% of expenses). Other salaries and wages came to $32k. At year end it held assets of $1.2m against liabilities of $7,571, net assets of $1.2m. It reported 2 employees.