Seattle Chinese School

Analysis

Seattle Chinese School is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in March 1974, 52 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Seattle Chinese School reported income of $140k and spending of $165k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $182k to $140k (-23%), an average of -6.4% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seattle Chinese School sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Cincinnati Academy of Performing Arts ($140k), The Art Glass Center Glen Echo Incorporated ($140k) and Shandalee Music Festival ($140k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Other salaries and wages came to $68k. At year end it held assets of $477k against liabilities of $19k, net assets of $458k. It reported 23 employees.