South Florida Chinese Cultural Association Inc

Analysis

South Florida Chinese Cultural Association Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in March 2008, 18 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 December 2023, South Florida Chinese Cultural Association Inc reported income of $54k and spending of $60k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $54k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Florida Chinese Cultural Association Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Bryan Station Band Association ($54k), Prince William Public System Foundation Inc ($54k) and Citizens Advisory of Pa Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $145k against liabilities of $32k, net assets of $113k.