Howard County Chinese School Inc

Analysis

Howard County Chinese School Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in March 2000, 26 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), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Howard County Chinese School Inc reported income of $682k and spending of $626k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $790k to $682k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Howard County Chinese School Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Competitive Dreams of Youth in the Carolinas ($682k), Great Plains Theatre Commons ($682k) and Passion Works ($682k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Other salaries and wages came to $362k. At year end it held assets of $1.5m against liabilities of $94k, net assets of $1.4m.