Japanese Folk Dance Institute of N Y Inc

Analysis

Japanese Folk Dance Institute of N Y Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1994, 32 years ago. 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, Japanese Folk Dance Institute of N Y Inc reported income of $135k and spending of $124k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $135k (+172%), an average of +172% a year. The sharpest change came in the year to December 2023, when income rose by 172%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Japanese Folk Dance Institute of N Y Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Phyllis Madeleine Winings Trust ($135k), Emotions Anonymous ($135k) and Friends of the Encinitas Library ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.