Chinese American Senior Services Association Inc

Analysis

Chinese American Senior Services Association Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 American Senior Services Association Inc reported income of $273k and spending of $252k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $273k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chinese American Senior Services Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Storehouse Inc ($273k), Enjigo Foundation ($273k) and South Highland Adult Day Care Ctr ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 70% of the total. At year end it held assets of $429k against liabilities of $479, net assets of $428k.