Showa Boston Institute for Language and Culture

Analysis

Showa Boston Institute for Language and Culture is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in May 1988, 38 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Showa Boston Institute for Language and Culture reported income of $12.8m and spending of $12.3m, spending 96% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $11.8m to $12.8m (+9.2%), an average of +3.0% a year. The sharpest change came in the year to March 2022, when income rose by 82%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Showa Boston Institute for Language and Culture sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Women for Afghan Women Inc ($12.8m), Far Reaching Ministries ($12.9m) and Tostan Inc ($12.8m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 78% of the total. Compensation of current officers, directors and key employees was $257k (2.1% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $37.8m against liabilities of $24.2m, net assets of $13.5m. It reported 129 employees.