Wei-Hwa Chinese School

Analysis

Wei-Hwa Chinese School is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in March 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wei-Hwa Chinese School reported income of $98k and spending of $79k, spending 80% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $70k to $98k (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 61%. 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, Wei-Hwa Chinese School sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Usher Mansion Historica Foundation ($98k), Dark & Stormy Productions ($98k) and Friends Of@berlin Performing Arts ($98k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $4,514 (5.7% of expenses). At year end it held assets of $121k against liabilities of $0, net assets of $121k.