American Chinese Culture Association

Analysis

American Chinese Culture Association is a registered charity in United States, based in West Covina, CA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, 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 December 2023, American Chinese Culture Association reported income of $74k and spending of $67k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $43k to $74k (+73%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 160%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Chinese Culture Association sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Lathrop Antique Car Tractor & Engine Association ($74k), Peterborough Folk Music Society ($74k) and Gateway City Live Org Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 41% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.