Chinatown Service Center

Analysis

Chinatown Service Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1975, 51 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 June 2023, Chinatown Service Center reported income of $34.5m and spending of $27.5m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.3m to $34.5m (+205%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chinatown Service Center sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Little Red School House Inc ($34.5m), National Industries for the Blind ($34.5m) and Yale New Haven Health at Home Inc ($34.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $1.2m (4.5% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $48.1m against liabilities of $21.0m, net assets of $27.0m. It reported 271 employees.