Us-China Cultural Institute Inc

Analysis

Us-China Cultural Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2007, 19 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, Us-China Cultural Institute Inc reported income of $240k and spending of $224k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $231k to $240k (+3.8%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Us-China Cultural Institute Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Garvey School ($240k), Hasting Foundation for Helping Humanity ($240k) and Greenwich Free Library ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $76k. At year end it held assets of $24k against liabilities of $27k, net assets of -$3,107. It reported 1 employees.