Chinatown Media and Arts Collaborative

Analysis

Chinatown Media and Arts Collaborative is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 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 (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, Chinatown Media and Arts Collaborative reported income of $11.8m and spending of $1.4m, leaving 88% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $9.7m to $11.8m (+21%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 3069%. Over the whole period it spent 13% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chinatown Media and Arts Collaborative sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Western Idaho Community Action Partnership Inc ($11.7m), Senior Living of Bedford ($11.8m) and Metropolitan Area Neighborhood Nutrition Alliance ($11.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $279k (19% of expenses). Other salaries and wages came to $523k. At year end it held assets of $19.0m against liabilities of $113k, net assets of $18.9m. It reported 14 employees.