Ponoma Valley Chinese School

Analysis

Ponoma Valley Chinese School is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in September 1977, 49 years ago. 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 June 2024, Ponoma Valley Chinese School reported income of $55k and spending of $56k, spending 102% of its income. Across the 2 years on record, from June 2021 to June 2024, income grew from $46k to $55k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ponoma Valley Chinese School sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Skull and Dagger Foundation ($55k), Pittsburgh Rotary Club Foundation ($55k) and PTA Delaware Congress ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 83% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.