New York Aikido Society Inc

Analysis

New York Aikido Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, New York Aikido Society Inc reported income of $96k and spending of $135k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $96k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 155% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York Aikido Society Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Basketball Museum of Illinois ($96k), North Atlanta Dance Theatre Inc ($96k) and Sarasa Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 22% of the total. At year end it held assets of $55k against liabilities of $129k, net assets of -$74k.