Overseas China Education Foundation

Analysis

Overseas China Education Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Overseas China Education Foundation reported income of $290k and spending of $956k, spending 330% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $882k to $290k (-67%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Overseas China Education Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Middle Country Library Foundation Inc ($290k), Chinese Service Center USA ($290k) and W House Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.