Fremont Chinese School

Analysis

Fremont Chinese School is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Fremont Chinese School reported income of $236k and spending of $183k, leaving 23% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income fell from $244k to $236k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to July 2023, when income rose by 31%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fremont Chinese School sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Vienna Arts Society Inc ($236k), Historic Preservation Trust of Berks County Pennsylvania ($236k) and Charles Houston Cultural Project Inc ($236k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.8% and program service revenue 90% of the total. Other salaries and wages came to $108k. At year end it held assets of $548k against liabilities of $159k, net assets of $389k. It reported 28 employees.