Northern New Jersey Huaxia Chinese School Inc

Analysis

Northern New Jersey Huaxia Chinese School Inc is a registered charity in United States, based in Cedar Grove, NJ. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Northern New Jersey Huaxia Chinese School Inc reported income of $79k and spending of $92k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $79k (-7.9%), an average of -7.9% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northern New Jersey Huaxia Chinese School Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Palmyra Elementary PTO Inc ($79k), Dallas Center Grimes Elementary Parent Teacher Organization Inc ($79k) and Homestead High School Equestriettes Dance Team Boosters Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.