Washington Metropolitan Association of Chinese Schools Inc

Analysis

Washington Metropolitan Association of Chinese Schools Inc is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Washington Metropolitan Association of Chinese Schools Inc reported income of $85k and spending of $87k, spending 102% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $65k to $85k (+31%), an average of +31% a year. The sharpest change came in the year to July 2024, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington Metropolitan Association of Chinese Schools Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Washington Elementary PTO Inc ($85k), Montgomery Athletic Booster Club ($85k) and Experiencecharleston Org Inc ($85k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $52k against liabilities of $6,976, net assets of $45k.