Sacramento Chinese of Indochina Friendship

Analysis

Sacramento Chinese of Indochina Friendship is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 1982, 44 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 December 2023, Sacramento Chinese of Indochina Friendship reported income of $560k and spending of $379k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $484k to $560k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacramento Chinese of Indochina Friendship sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Turn Center Foundation Inc ($560k), Education for All Co ($560k) and Senior Citizens Housing Development Corporation of Ville Platte ($560k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $91k. At year end it held assets of $2.8m against liabilities of $669k, net assets of $2.1m. It reported 17 employees.