Organization of Chinese Americans Inc
Analysis
Organization of Chinese Americans Inc is a registered charity in United States, based in White Plains, NY. 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 2023, Organization of Chinese Americans Inc reported income of $142k and spending of $84k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $183k to $142k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 54% 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 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Association of Notre Dame Clubs Inc ($142k), Nami Western Carolina Inc ($142k) and Lowe Syndrome Association Inc ($142k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $464k against liabilities of $0, net assets of $464k.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Association of Notre Dame Clubs Inc | Laguna Beach | $142k |
| Nami Western Carolina Inc | Asheville | $142k |
| Lowe Syndrome Association Inc | Oak Lawn | $142k |
| Newport Service Organization | Newport | $142k |