Chinese Newcomers Service Center

Analysis

Chinese Newcomers Service Center is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Chinese Newcomers Service Center reported income of $1.2m and spending of $1.0m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $996k to $1.2m (+21%), an average of +5.0% a year. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chinese Newcomers Service Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Harvest Rain Early Learning Academy ($1.2m), Everychild Foundation ($1.2m) and Sodo Supportive Health Outreach Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $337k (33% of expenses). At year end it held assets of $2.0m against liabilities of $73k, net assets of $1.9m. It reported 9 employees.