Japan Icu Foundation Inc

Analysis

Japan Icu Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Japan Icu Foundation Inc reported income of $835k and spending of $980k, spending 117% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.0m to $835k (-19%), an average of -5.1% a year. The sharpest change came in the year to March 2020, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Japan Icu Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Global Cultural Exchanges ($834k), Coaches for the Kids Inc ($835k) and Des Moines Public Library Foundation ($834k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $360k (37% of expenses). Other salaries and wages came to $121k. At year end it held assets of $349k against liabilities of $164k, net assets of $185k. It reported 4 employees.