Coalition for a Better Chinese American Community

Analysis

Coalition for a Better Chinese American Community is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. 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 June 2023, Coalition for a Better Chinese American Community reported income of $1.1m and spending of $583k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $206k to $1.1m (+416%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coalition for a Better Chinese American Community sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Jackson County Interfaith Volunteer Caregivers Inc ($1.1m), Newark Center for Creative Learning Inc ($1.1m) and The Shareholder Commons Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $90k (15% of expenses). Other salaries and wages came to $234k. At year end it held assets of $836k against liabilities of $46k, net assets of $790k. It reported 11 employees.