Hung Sa Dahn

Analysis

Hung Sa Dahn is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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 December 2023, Hung Sa Dahn reported income of $88k and spending of $60k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $153k to $88k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 273%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hung Sa Dahn sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Volunteers of America Inc ($88k), Fountain of Life Rescue Inc ($88k) and Defiance County Historical Society ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 42% of the total. At year end it held assets of $1.2m against liabilities of $2,500, net assets of $1.2m.