Northwest Chinese School

Analysis

Northwest Chinese School is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 1999, 27 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 August 2023, Northwest Chinese School reported income of $591k and spending of $719k, spending 122% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $997k to $591k (-41%), an average of -12% a year. The sharpest change came in the year to August 2023, when income rose by 53%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Chinese School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include On Pitch Performing Arts Inc ($591k), American Folklore Society Inc ($591k) and Friends of the Berryville Library Inc ($591k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $58k (8.0% of expenses). Other salaries and wages came to $366k. At year end it held assets of $1.6m against liabilities of $105k, net assets of $1.5m. It reported 89 employees.