Chinese Culture & Art Heritage Foundation

Analysis

Chinese Culture & Art Heritage Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chinese Culture & Art Heritage Foundation reported income of $74k and spending of $41k, leaving 44% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.0m to $74k (-93%), an average of -59% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chinese Culture & Art Heritage Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Friends Helping Friends and Benefit Thrift Shop ($74k), Old Dominion Professional Firefighters Burn Foundation ($74k) and Bridges Against Domestic Violence ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 94% of the total. At year end it held assets of $306k against liabilities of $337k, net assets of -$31k.