Overseas Chinese Cultural Heritage Foundation

Analysis

Overseas Chinese Cultural Heritage Foundation is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Overseas Chinese Cultural Heritage Foundation reported income of $92k and spending of $76k, spending 82% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $78k to $92k (+19%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Overseas Chinese Cultural Heritage Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Garrett Main Street Inc ($92k), Alborada Spanish Dance Theatre ($93k) and Orchard Park Symphony Orchestra ($92k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.