Us-China Transpacific Foundation

Analysis

Us-China Transpacific Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Us-China Transpacific Foundation reported income of $140k and spending of $371k, spending 265% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $140k (-44%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 594%. Over the whole period it spent 227% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Us-China Transpacific Foundation 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 45th percentile, and in the 49th percentile within NV. Charities of a similar size with the same main cause include Air University Foundation ($140k), American Friends of CRP ($140k) and Rwanda Education Assistance Project Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $33k. At year end it held assets of $34k against liabilities of $803k, net assets of -$770k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.