Taiwanese Youth Arts Foundation Inc

Analysis

Taiwanese Youth Arts Foundation Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in November 1990, 36 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Taiwanese Youth Arts Foundation Inc reported income of $170k and spending of $107k, leaving 37% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $68k to $170k (+149%), an average of +36% a year. The sharpest change came in the year to August 2023, when income rose by 70%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taiwanese Youth Arts Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include National Institute for Deterrence Studies ($170k), PTA California Congress of Parents Teachers & Students Inc ($170k) and Lady Veterans Connect Inc ($170k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% and program service revenue 73% of the total. At year end it held assets of $358k against liabilities of $0, net assets of $358k.