Washington School of Chinese Language & Culture

Analysis

Washington School of Chinese Language & Culture is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in June 1986, 40 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 school under section 501(c)(3).

In the financial year ending August 2023, Washington School of Chinese Language & Culture reported income of $140k and spending of $161k, spending 115% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $142k to $140k (-1.3%), an average of -1.3% a year. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington School of Chinese Language & Culture sits at the 51st 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 46th percentile within MD. Charities of a similar size with the same main cause include Hewnoaks Artist Colony ($140k), Ferndale Museum Inc ($140k) and Bedford Museum and Genealogical Library ($140k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $13k (8.2% of expenses). At year end it held assets of $497k against liabilities of $41k, net assets of $456k.