Chinese Culture Association of Southern California

Analysis

Chinese Culture Association of Southern California is a registered charity in United States, based in Artesia, CA. It received its IRS tax-exemption ruling in January 1979, 47 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 August 2023, Chinese Culture Association of Southern California reported income of $419k and spending of $240k, leaving 43% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $240k to $419k (+74%), an average of +15% a year. The sharpest change came in the year to August 2023, when income rose by 229%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chinese Culture Association of Southern California sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Literacy Texas ($418k), Friends of Camp Concord Inc ($419k) and Biblical Recorder Incorporated ($418k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 87% of the total. Other salaries and wages came to $87k. At year end it held assets of $1.2m against liabilities of $300, net assets of $1.2m. It reported 47 employees.