Cuong Nhu of Atlanta Incorporated

Analysis

Cuong Nhu of Atlanta Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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, Cuong Nhu of Atlanta Incorporated reported income of $125k and spending of $132k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $125k (+8.1%), an average of +8.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cuong Nhu of Atlanta Incorporated sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Mid-Pacfic Road Runners Club ($125k), Association for Supervision and Curriculum Development ($125k) and American College of Physicians ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 11% of the total. At year end it held assets of $309k against liabilities of $58k, net assets of $251k.