Iu Mien Community Services

Analysis

Iu Mien Community Services is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2001, 25 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iu Mien Community Services reported income of $339k and spending of $355k, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $321k to $339k (+5.7%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Iu Mien Community Services sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Wilmington Ballet Academy of the Dance Inc ($339k), Combined Heat and Power Alliance ($339k) and Chinese American Cultural Association Inc ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $58k (16% of expenses). Other salaries and wages came to $184k. At year end it held assets of $280k against liabilities of $147k, net assets of $133k. It reported 9 employees.