The China Folk House Retreat Inc

Analysis

The China Folk House Retreat Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, The China Folk House Retreat Inc reported income of $384k and spending of $243k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $448k to $384k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income rose by 614%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The China Folk House Retreat Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Leesville Road High School Bands Club ($384k), Rice Lake Celebrity Charity Classic Inc ($384k) and Literacy Volunteers of Wayne County Inc ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $60k (25% of expenses). Other salaries and wages came to $20k. At year end it held assets of $976k against liabilities of $63k, net assets of $913k. It reported 2 employees.