California Chins

Analysis

California Chins is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. 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 June 2024, California Chins reported income of $715k and spending of $232k, leaving 67% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.6m to $715k (-56%), an average of -18% a year. The sharpest change came in the year to June 2024, when income rose by 632%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Chins sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Lorain County Electrical Joint Apprenticeship and Training Trust ($715k), Athleticare Sports Health Foundation Inc ($715k) and Jane Austen Society of N America ($715k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $50k (21% of expenses). Other salaries and wages came to $6,083. At year end it held assets of $1.6m against liabilities of $10k, net assets of $1.6m. It reported 2 employees.