Seattle Chinese Garden Society

Analysis

Seattle Chinese Garden Society is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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, Seattle Chinese Garden Society reported income of $174k and spending of $294k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $564k to $174k (-69%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seattle Chinese Garden Society sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Allys House Inc ($174k), United Aged Home Moshav Sekenim of Jerusalem Israel Inc ($174k) and Mag Institute for Excellence in Medicine Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 28% of the total. Other salaries and wages came to $19k. At year end it held assets of $3.7m against liabilities of $136k, net assets of $3.5m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.