Chinese Professional Club Scholarship Fund Inc

Analysis

Chinese Professional Club Scholarship Fund Inc is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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, Chinese Professional Club Scholarship Fund Inc reported income of $85k and spending of $96k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $118k to $85k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chinese Professional Club Scholarship Fund Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include PTA Tennesse Congress of Parents Teachers Inc ($85k), Lemoore Sportsmans Club Association ($85k) and Inman Senior Citizens Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.