Minnesota Minghua Chinese School

Analysis

Minnesota Minghua Chinese School is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 2003, 23 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 December 2023, Minnesota Minghua Chinese School reported income of $227k and spending of $168k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $227k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minnesota Minghua Chinese School sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Sculpture Center ($227k), Carrollwood Players Inc ($227k) and Other Voices Inc ($227k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $51k. At year end it held assets of $372k against liabilities of $0, net assets of $372k. It reported 27 employees.