Taiwanese American Culture Center of East Bay

Analysis

Taiwanese American Culture Center of East Bay is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in September 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, Taiwanese American Culture Center of East Bay reported income of $1.0m and spending of $10k, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.4m to $1.0m (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 1.2% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taiwanese American Culture Center of East Bay sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Stapleton School of Performing Arts ($1.0m), Pennsylvania Center for Poultry and Livestock Excellence ($1.0m) and Lakeshore Players Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.