Chinese Consolidated Benevolent Association of San Diego

Analysis

Chinese Consolidated Benevolent Association of San Diego is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1972, 54 years ago. 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 December 2023, Chinese Consolidated Benevolent Association of San Diego reported income of $287k and spending of $252k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $287k (+261%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 954%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chinese Consolidated Benevolent Association of San Diego sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Templo Jerusalem Gate Centro Evangelistico Ad ($287k), 90ten Training Academy ($287k) and Providence Fire & Rescue Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 72% of the total. At year end it held assets of $603k against liabilities of $63, net assets of $603k.