Central Virginia Chinese School

Analysis

Central Virginia Chinese School is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in March 2013, 13 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 2024, Central Virginia Chinese School reported income of $82k and spending of $65k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $82k to $82k (-0.4%), an average of -0.4% a year. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central Virginia Chinese School sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Montana Veterans Memorial Committee Inc ($82k), Pigment International Foundation ($82k) and Hai Foundation ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $111k against liabilities of $5,925, net assets of $105k.