Ching Chung Taoist Association of

Analysis

Ching Chung Taoist Association of is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1980, 46 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Ching Chung Taoist Association of reported income of $221k and spending of $225k, spending 102% of its income. Across the 4 years on record, from March 2021 to March 2024, income fell from $399k to $221k (-45%), an average of -18% a year. The sharpest change came in the year to March 2022, when income dropped by 36%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ching Chung Taoist Association of sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include North Bay Property Services Inc ($221k), Crandall Isd Education Foundation Inc ($221k) and LA Honda Fire Brigade ($220k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (27% of expenses). At year end it held assets of $1.0m against liabilities of $346k, net assets of $682k. It reported 1 employees.