Chinese American Parents Association Walnut

Analysis

Chinese American Parents Association Walnut is a registered charity in United States, based in Walnut, CA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Chinese American Parents Association Walnut reported income of $104k and spending of $88k, spending 85% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $77k to $104k (+36%), an average of +36% a year. The sharpest change came in the year to October 2023, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chinese American Parents Association Walnut sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Advantage Family Services Inc ($104k), Central School Home School Assocation ($104k) and Friends of the Library Virginia Beach Inc ($104k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.