Organization of Chinese Americans Inc

Analysis

Organization of Chinese Americans Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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, Organization of Chinese Americans Inc reported income of $81k and spending of $78k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $81k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Organization of Chinese Americans Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include The Play for Jake Foundation Inc ($81k), Boy Scouts of America ($81k) and Dubois Educational Foundation ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 34% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.