American Overseas Chinese Foundation

Analysis

American Overseas Chinese Foundation is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, American Overseas Chinese Foundation reported income of $62k and spending of $44k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $62k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Overseas Chinese Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Chinedum Medical Missions International ($62k), Road to Freedom Scholarships ($62k) and Global Charity Foundation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.