Shoshin Ryu Association Inc

Analysis

Shoshin Ryu Association Inc is a registered charity in United States, based in Rocky Hill, CT. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shoshin Ryu Association Inc reported income of $59k and spending of $57k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $34k to $59k (+72%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shoshin Ryu Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include Punta Gorda Youth Baseball Inc ($59k), Pittsburgh Soaring Association ($59k) and Prodigy Fastpitch Incorporated ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 53% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.