Chinese Language School of Connecticut Inc

Analysis

Chinese Language School of Connecticut Inc is a registered charity in United States, based in Riverside, CT. It received its IRS tax-exemption ruling in April 2003, 23 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 July 2024, Chinese Language School of Connecticut Inc reported income of $165k and spending of $181k, spending 110% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $249k to $165k (-34%), an average of -7.9% a year. The sharpest change came in the year to July 2023, when income dropped by 59%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chinese Language School of Connecticut Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include National Institute for Psychoanalytic Education and Resea ($165k), Puzzlers Preschool ($165k) and PTA Alabama Congress ($165k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 3.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $63k (35% of expenses). At year end it held assets of $139k against liabilities of $0, net assets of $139k. It reported 19 employees.