North American Chinese Educational Foundation

Analysis

North American Chinese Educational Foundation is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, North American Chinese Educational Foundation reported income of $199k and spending of $270k, spending 136% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $377k to $199k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, North American Chinese Educational 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 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Youth Ag & Leadership Foundation of Sonoma County ($199k), Chess Without Borders Inc ($199k) and Oglethorpe County Athletic Booster ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.