Westborough Chinese Language School Inc

Analysis

Westborough Chinese Language School Inc is a registered charity in United States, based in Westborough, MA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Westborough Chinese Language School Inc reported income of $89k and spending of $66k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $74k to $89k (+20%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westborough Chinese Language School Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Holt Community Food Bank ($89k), Minnesota Section Institute of Food Technologists ($89k) and Community Clothes Closet Inc ($89k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. At year end it held assets of $123k against liabilities of $10k, net assets of $112k.