Japan Society of Boston Inc
Analysis
Japan Society of Boston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 1960, 66 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Japan Society of Boston Inc reported income of $168k and spending of $308k, spending 183% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $393k to $168k (-57%), an average of -19% a year. The sharpest change came in the year to June 2021, when income rose by 128%. Over the whole period it spent 115% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Japan Society of Boston Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Musana Tennessee ($168k), Focus International Development ($168k) and Serv Aid Inc ($168k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $92k (30% of expenses). Other salaries and wages came to $109k. At year end it held assets of $214k against liabilities of $21k, net assets of $193k. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 51%
- Program services 36%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Musana Tennessee | Centennial | $168k |
| Focus International Development | Carlsbad | $168k |
| Serv Aid Inc | Tulsa | $168k |
| New Life Endowment Inc | San Antonio | $168k |