LA Cheim School Inc

Analysis

LA Cheim School Inc is a registered charity in United States, based in El Sobrante, CA. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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 June 2023, LA Cheim School Inc reported income of $6.5m and spending of $6.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.5m (+13%), an average of +3.0% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Cheim School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Koinonia Academy ($6.5m), New York Asian Womens Center Inc ($6.5m) and Birth Center ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $392k (6.0% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $3.9m against liabilities of $1.1m, net assets of $2.8m. It reported 106 employees.