Los Altos Chinese School Childrens Center

Analysis

Los Altos Chinese School Childrens Center is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Los Altos Chinese School Childrens Center reported income of $578k and spending of $934k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $624k to $578k (-7.3%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Altos Chinese School Childrens Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include United Planet Corp ($578k), Umbrella Learning Academy Corporation ($579k) and Ugm of Salem Support Corporation ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $87k (9.3% of expenses). Other salaries and wages came to $335k. At year end it held assets of $391k against liabilities of $51k, net assets of $340k. It reported 10 employees.