Association of China and Mongolia International Schools Inc

Analysis

Association of China and Mongolia International Schools Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Association of China and Mongolia International Schools Inc reported income of $628k and spending of $617k, spending 98% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $424k to $628k (+48%), an average of +22% a year. The sharpest change came in the year to July 2023, when income rose by 114%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of China and Mongolia International Schools Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Northland Pioneer College Friends and Family Inc ($628k), South Carolina Technical College System Foundation ($628k) and Topeka Electrical Joint Apprenticeship and Training Trust ($627k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 39% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $127k (21% of expenses). At year end it held assets of $1.4m against liabilities of $49k, net assets of $1.3m.