Chinese American Community Center Inc

Analysis

Chinese American Community Center Inc is a registered charity in United States, based in Hockessin, DE. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Chinese American Community Center Inc reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.1m to $1.1m (-0.4%), an average of -0.1% a year. The sharpest change came in the year to August 2021, when income rose by 26%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chinese American Community Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within DE. Charities of a similar size with the same main cause include Starting Point Services for Victims of Domestic and Sexual Violence ($1.1m), Stand in the Gap Inc ($1.1m) and Innovators Network Foundation ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.7% and program service revenue 91% of the total. Other salaries and wages came to $510k. At year end it held assets of $3.3m against liabilities of $754k, net assets of $2.6m. It reported 27 employees.