Academy of Chinese Culture and
Analysis
Academy of Chinese Culture and is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Academy of Chinese Culture and reported income of $2.3m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.3m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of Chinese Culture and sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Longwood Medical Energy Collaborative Inc ($2.3m), Spruce Street Nursery School ($2.3m) and Miami Bayside Foundation Inc ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $230k (9.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.1m against liabilities of $339k, net assets of $1.8m. It reported 95 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 76%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Longwood Medical Energy Collaborative Inc | Boston | $2.3m |
| Spruce Street Nursery School | Boston | $2.3m |
| Miami Bayside Foundation Inc | Miami | $2.3m |
| Cottonwood School of Civics and Science | Portland | $2.3m |