Ming Hui School Inc
Analysis
Ming Hui School Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, Ming Hui School Inc reported income of $68k and spending of $37k, leaving 46% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income fell from $238k to $68k (-71%), an average of -34% a year. The sharpest change came in the year to April 2022, when income dropped by 42%. Over the whole period it spent 76% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ming Hui School Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Washburn Rural High School PTO ($68k), Ohio Nurses Foundation ($68k) and Middleton Elementary PAC ($68k).
On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. At year end it held assets of $60k against liabilities of $31k, net assets of $29k.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 79%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Washburn Rural High School PTO | Topeka | $68k |
| Ohio Nurses Foundation | Columbus | $68k |
| Middleton Elementary PAC | Sherwood | $68k |
| Altrusa International Foundation Inc | Houston | $68k |