Japan Day Inc

Analysis

Japan Day Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Japan Day Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $1.4m (+32%), an average of +7.2% a year. The sharpest change came in the year to August 2022, when income rose by 333%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Japan Day Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Polynesian Football Hall of Fame ($1.4m), Common Goal USA Inc ($1.4m) and Jim Wells County Fair Assn ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $26k. At year end it held assets of $535k against liabilities of $78k, net assets of $457k. It reported 5 employees.