Association of Chinese Scholars in Computing

Analysis

Association of Chinese Scholars in Computing is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Association of Chinese Scholars in Computing reported income of $57k and spending of $26k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $57k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 2923%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Chinese Scholars in Computing sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Nanty Glo Public Library ($57k), Gold Star Brigade ($57k) and Shsu Charter School at Brighton Academy PTO ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.