Eastern Virginia Chinese American Physician Association

Analysis

Eastern Virginia Chinese American Physician Association is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Eastern Virginia Chinese American Physician Association reported income of $133k and spending of $81k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $133k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eastern Virginia Chinese American Physician Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Matt Talbot Home Inc ($133k), Iafe Education Foundation ($133k) and Trinity Counseling Ministries Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $101k, net assets of $0.