Friends of the Japanese House and Garden

Analysis

Friends of the Japanese House and Garden is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1983, 43 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 (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, Friends of the Japanese House and Garden reported income of $895k and spending of $1.0m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $795k to $895k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Japanese House and Garden sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Military Heritage Foundation ($895k), Historic Homes Foundation Inc ($895k) and Spokane American Youth Hockey Club Inc ($895k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $72k (7.0% of expenses). Other salaries and wages came to $311k. At year end it held assets of $203k against liabilities of $232k, net assets of -$28k. It reported 16 employees.