Huangs Association USA Inc

Analysis

Huangs Association USA Inc is a registered charity in United States, based in East Setauket, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 October 2023, Huangs Association USA Inc reported income of $85k and spending of $609, leaving 99% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $5,000 to $85k (+1596%), an average of +1596% a year. The sharpest change came in the year to October 2023, when income rose by 1596%. Over the whole period it spent 2.5% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Huangs Association USA Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Church at Sutcliffe ($85k), Faith Walk Arklatex ($85k) and Companerismo Cristiano Nuevosprincipios ($85k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.