United Chinese Americans
Analysis
United Chinese Americans is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 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 December 2022, United Chinese Americans reported income of $740k and spending of $604k, spending 82% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $57k to $740k (+1192%), an average of +135% a year. The sharpest change came in the year to December 2020, when income rose by 391%. Over the whole period it spent 82% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Chinese Americans sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Hero to a Child Inc ($740k), Marthas Vineyard Playhouse Inc ($740k) and Marin Brain Injury Network ($740k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $107k (18% of expenses). Other salaries and wages came to $15k. At year end it held assets of $451k against liabilities of $67k, net assets of $384k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 15%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hero to a Child Inc | Clearwater | $740k |
| Marthas Vineyard Playhouse Inc | Tisbury | $740k |
| Marin Brain Injury Network | Larkspur | $740k |
| Sprout MN | Little Falls | $740k |