Japanese Friendship Garden of Phoenix Inc

Analysis

Japanese Friendship Garden of Phoenix Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2006, 20 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 June 2024, Japanese Friendship Garden of Phoenix Inc reported income of $2.0m and spending of $1.6m, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $390k to $2.0m (+417%), an average of +39% a year. The sharpest change came in the year to June 2021, when income rose by 102%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Japanese Friendship Garden of Phoenix Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Fullerton Historic Theatre Foundation ($2.0m), Saurashtra Patel Cultural Samaj ($2.0m) and Deutsches Haus Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.2% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $118k (7.2% of expenses). Other salaries and wages came to $719k. At year end it held assets of $2.0m against liabilities of $115k, net assets of $1.9m. It reported 45 employees.