Cheai Research Inc

Analysis

Cheai Research Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 May 2024, Cheai Research Inc reported income of $72k and spending of $72k, spending 100% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $67k to $72k (+7.8%), an average of +7.8% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cheai Research Inc 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 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Creative Arts Team Inc ($72k), Central European Historical Society ($72k) and South Valley Symphony Association Inc ($72k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.