Hacienda Heights Area Chinese School Inc

Analysis

Hacienda Heights Area Chinese School Inc is a registered charity in United States, based in Hacienda Heights, CA. It received its IRS tax-exemption ruling in November 1998, 28 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hacienda Heights Area Chinese School Inc reported income of $90k and spending of $83k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $91k to $90k (-0.2%), an average of -0.1% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hacienda Heights Area Chinese School Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Hallet Oak Foundation ($90k), L S Theatre Productions ($90k) and Sigma Chi Building Foundation ($90k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 87% of the total. Other salaries and wages came to $48k. At year end it held assets of $126k against liabilities of -$1,722, net assets of $127k. It reported 14 employees.