Joint Chinese College Alumni Assoc of Houston Scholarships Inc

Analysis

Joint Chinese College Alumni Assoc of Houston Scholarships Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1993, 33 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, Joint Chinese College Alumni Assoc of Houston Scholarships Inc reported income of $128k and spending of $99k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $128k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joint Chinese College Alumni Assoc of Houston Scholarships Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Lakeside High School Dugout Club Inc ($128k), PTA Texas Congress ($128k) and Galactic Tribe Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 22% of the total. At year end it held assets of $591k against liabilities of $0, net assets of $591k.