San Fernando Valley Chinese Cultural Association

Analysis

San Fernando Valley Chinese Cultural Association is a registered charity in United States, based in Northridge, CA. It received its IRS tax-exemption ruling in May 1978, 48 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 (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, San Fernando Valley Chinese Cultural Association reported income of $367k and spending of $111k, leaving 70% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $284k to $367k (+29%), an average of +6.7% a year. The sharpest change came in the year to June 2023, when income rose by 171%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Fernando Valley Chinese Cultural Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Scioto County Childrens Museum Inc ($367k), Rhinoleap Productions ($367k) and Holocaust Education Resource Council Inc ($367k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 15% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 11 employees.