Japan Center for International Exchange Inc

Analysis

Japan Center for International Exchange Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1977, 49 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Japan Center for International Exchange Inc reported income of $790k and spending of $1.4m, spending 181% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $646k to $790k (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Japan Center for International Exchange Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Junior Achievement of Kansas Inc ($790k), Nishimura Global Peace Inc ($790k) and Global Partners for Development ($789k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $140k (9.8% of expenses). Other salaries and wages came to $330k. At year end it held assets of $1.8m against liabilities of $83k, net assets of $1.8m. It reported 10 employees.