Chinatown Church of Christ

Analysis

Chinatown Church of Christ is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1986, 40 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chinatown Church of Christ reported income of $159k and spending of $141k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $159k (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chinatown Church of Christ sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Institute of Classical Architecture and Art Inc ($159k), Habitat for Humanity International Inc ($159k) and A Ministry of the Heart Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $24k. At year end it held assets of $730k against liabilities of $948, net assets of $729k. It reported 1 employees.