National Association of Chinese Americans

Analysis

National Association of Chinese Americans is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, National Association of Chinese Americans reported income of $138k and spending of $178k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $138k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 149% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Association of Chinese Americans sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Conneaut Arts Center ($138k), Evergreen Playhouse ($138k) and Oakland Pride Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.