Hsu Hwa Chao Foundation
EIN: 330591357 · Pennington, NJ
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $198K |
| Net Assets | $3.5M |
Is Hsu Hwa Chao Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hsu Hwa Chao Foundation
Hsu Hwa Chao Foundation (EIN: 330591357) is a nonprofit organization based in Pennington, NJ. The organization reported total revenue of $2.3M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hsu Hwa Chao Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hsu Hwa Chao Foundation is a mid-size nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -224.9% | -27.9% | -8.4% |
| 2022 | -90.2% | +45.3% | -2.4% |
| 2021 | +452.4% | +4.5% | +27.8% |
| 2019 | -145.2% | +328.0% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hsu Hwa Chao Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hsu Hwa Chao Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Hsu Hwa Chao Foundation
Is Hsu Hwa Chao Foundation a legitimate charity?
Hsu Hwa Chao Foundation (EIN: 330591357) is a registered tax-exempt nonprofit based in New Jersey. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: B.
How does Hsu Hwa Chao Foundation spend its money?
Hsu Hwa Chao Foundation reported $2.3M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hsu Hwa Chao Foundation tax-deductible?
Hsu Hwa Chao Foundation is registered as a tax-exempt nonprofit (EIN: 330591357). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hsu Hwa Chao Foundation located?
Hsu Hwa Chao Foundation is headquartered in Pennington, New Jersey and files with the IRS under EIN 330591357.
How many years of IRS 990 filings does Hsu Hwa Chao Foundation have?
Hsu Hwa Chao Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
Filing History
IRS 990 filing history for Hsu Hwa Chao Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hsu Hwa Chao Foundation's revenue has declined by 350.9%, moving from $51K to $-127,838. Total assets increased by 503.5% over the same period, from $580K to $3.5M. Total functional expenses rose by 138%, from $83K to $198K. The organization holds $1 in liabilities against $3.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-127,838 | $198K | $3.5M | $1 | — | View 990 |
| 2022 | $102K | $275K | $3.8M | $1 | — | View 990 |
| 2021 | $1.0M | $189K | $3.9M | $1 | — | View 990 |
| 2020 | $188K | $181K | $3.1M | $1 | — | — |
| 2019 | $-38,754 | $408K | $3.1M | $1 | — | View 990 |
| 2015 | $86K | $95K | $3.4M | $0 | — | View 990 |
| 2014 | $1.5M | $51K | $3.4M | $0 | — | View 990 |
| 2013 | $1.5M | $177K | $1.9M | $0 | — | View 990 |
| 2012 | $51K | $94K | $536K | $0 | — | View 990 |
| 2011 | $51K | $83K | $580K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-127,838, expenses of $198K, and assets of $3.5M (revenue -224.9% year-over-year).
- 2022: Revenue of $102K, expenses of $275K, and assets of $3.8M (revenue -90.2% year-over-year).
- 2021: Revenue of $1.0M, expenses of $189K, and assets of $3.9M (revenue +452.4% year-over-year).
- 2020: Revenue of $188K, expenses of $181K, and assets of $3.1M.
- 2019: Revenue of $-38,754, expenses of $408K, and assets of $3.1M (revenue -145.2% year-over-year).
- 2015: Revenue of $86K, expenses of $95K, and assets of $3.4M (revenue -94.4% year-over-year).
- 2014: Revenue of $1.5M, expenses of $51K, and assets of $3.4M (revenue +4.8% year-over-year).
- 2013: Revenue of $1.5M, expenses of $177K, and assets of $1.9M (revenue +2804.1% year-over-year).
- 2012: Revenue of $51K, expenses of $94K, and assets of $536K (revenue -0.7% year-over-year).
- 2011: Revenue of $51K, expenses of $83K, and assets of $580K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hsu Hwa Chao Foundation:
Data Sources and Methodology
This transparency report for Hsu Hwa Chao Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.