USA Taichi Culture Foundation

Analysis

USA Taichi Culture Foundation is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, USA Taichi Culture Foundation reported income of $66k and spending of $41k, leaving 37% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $36k to $66k (+80%), an average of +80% a year. The sharpest change came in the year to November 2023, when income rose by 80%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, USA Taichi Culture Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include The Chamber Players Community Theater Inc ($66k), Tampa Hispanic Heritage Inc ($66k) and Crockett-Deane Ballet ($66k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.