Redwood City Mandarin Immersion Scholars

Analysis

Redwood City Mandarin Immersion Scholars is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Redwood City Mandarin Immersion Scholars reported income of $275k and spending of $263k, spending 96% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $110k to $275k (+150%), an average of +36% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Redwood City Mandarin Immersion Scholars sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Red Jacket Community Library ($275k), Enlearn ($275k) and Westlake High School Band Booster ($275k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $356k against liabilities of $0, net assets of $356k.