Hong Kong International School Association Limited

Analysis

Hong Kong International School Association Limited is a registered charity in United States, based in Hong Kong. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending July 2023, Hong Kong International School Association Limited reported income of $112.6m and spending of $86.3m, leaving 23% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $93.9m to $112.6m (+20%), an average of +4.6% a year. The sharpest change came in the year to July 2023, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hong Kong International School Association Limited sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Oklahoma City University ($112.3m), University of Massachusetts Global ($112.9m) and Drew University ($112.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.8% and program service revenue 77% of the total. Other salaries and wages came to $39.7m. At year end it held assets of $581.9m against liabilities of $259.0m, net assets of $323.0m.