Maryland Chinese Language Institute Incorporated

Analysis

Maryland Chinese Language Institute Incorporated is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in December 2022, 4 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 (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, Maryland Chinese Language Institute Incorporated reported income of $314k and spending of $182k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $153k to $314k (+106%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maryland Chinese Language Institute Incorporated sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Afro Caribbean Cultural Center Inc ($314k), Columbus Historical Society ($314k) and Friends of the Kaminski House ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $450k against liabilities of $1,278, net assets of $449k.