American Chinese Culture and Education Foundation

Analysis

American Chinese Culture and Education Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, American Chinese Culture and Education Foundation reported income of $83k and spending of $55k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $178k to $83k (-54%), an average of -17% a year. The sharpest change came in the year to December 2020, when income rose by 215%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Chinese Culture and Education Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Stone Gate Resources ($83k), Hamilton Parent Group Oversight Board ($83k) and Rise Institute Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. At year end it held assets of $605k against liabilities of $990, net assets of $604k.