The Chinese Language School of Southern California

Analysis

The Chinese Language School of Southern California is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in February 1984, 42 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 July 2023, The Chinese Language School of Southern California reported income of $169k and spending of $181k, spending 107% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $283k to $169k (-40%), an average of -12% a year. The sharpest change came in the year to July 2023, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Chinese Language School of Southern California sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($169k), Fairmount Church Cooperative Nursery ($169k) and Community Preschool Inc ($169k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $7,849 (4.3% of expenses). Other salaries and wages came to $74k. At year end it held assets of $704k against liabilities of $168k, net assets of $536k. It reported 34 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.