New China Education Foundation

Analysis

New China Education Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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 August 2023, New China Education Foundation reported income of $253k and spending of $250k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $170k to $253k (+49%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 67%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New China Education Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Souls Harbor of America Inc ($253k), End of Life Choices New York ($253k) and Apple Pregnancy Care Center Inc ($253k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.