Chinatown International District

Analysis

Chinatown International District is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Chinatown International District reported income of $642k and spending of $609k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $486k to $642k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chinatown International District sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Madisonville-Hopkins County Development Corporation ($642k), Davis Street Foundation ($642k) and Metropolitan Housing Development Corporation ($642k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $170k. At year end it held assets of $516k against liabilities of $43k, net assets of $473k. It reported 4 employees.