Wah Yun Culture and Arts Academy

Analysis

Wah Yun Culture and Arts Academy is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 2002, 24 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, Wah Yun Culture and Arts Academy reported income of $215k and spending of $69k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $194k to $215k (+11%), an average of +3.5% a year. The sharpest change came in the year to December 2023, when income rose by 268%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wah Yun Culture and Arts Academy sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within HI. Charities of a similar size with the same main cause include Southern Arkansas University Tech Foundation ($215k), Chester Springs Library ($215k) and Smash Molecule MMR Conference ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 21% of the total. At year end it held assets of $632k against liabilities of $0, net assets of $632k.