Chinese Culture and Community Service Center Inc

Analysis

Chinese Culture and Community Service Center Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in November 1983, 43 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Chinese Culture and Community Service Center Inc reported income of $15.3m and spending of $15.7m, spending 103% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $8.8m to $15.3m (+75%), an average of +15% a year. The sharpest change came in the year to July 2023, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chinese Culture and Community Service Center Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Musicares Foundation Inc ($15.3m), Saratoga Springs Performing Arts Center Inc ($15.3m) and Worcester Art Museum ($15.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Other salaries and wages came to $7.1m. At year end it held assets of $12.9m against liabilities of $7.2m, net assets of $5.7m. It reported 222 employees.