Chinese Institute of Engineers USA Inc

Analysis

Chinese Institute of Engineers USA Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in November 1991, 35 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chinese Institute of Engineers USA Inc reported income of $57k and spending of $80k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $57k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chinese Institute of Engineers USA Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Chamber Music Columbus ($57k), Mother Divine Institute of Sacred Sciences ($57k) and Saving Grace NYC ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 8.3% of the total. At year end it held assets of $350k against liabilities of $0, net assets of $350k.