Organization of Chinese Americans Inc

Analysis

Organization of Chinese Americans Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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 2022, Organization of Chinese Americans Inc reported income of $2.1m and spending of $1.4m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $936k to $2.1m (+124%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Organization of Chinese Americans Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include The Art League of Manatee County ($2.1m), Young Womens Christian Association ($2.1m) and Burton Foundation ($2.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $346k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 42 employees.