Chinese Association of West Covina - Caawc

Analysis

Chinese Association of West Covina - Caawc is a registered charity in United States, based in West Covina, CA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Chinese Association of West Covina - Caawc reported income of $69k and spending of $52k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $69k (-14%), an average of -14% a year. Over the whole period it spent 67% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chinese Association of West Covina - Caawc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Jacksonville BMX Inc ($69k), Green Mountain Athletic Association ($69k) and Missouri Youth Sport Shooting Alliance ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.