Southeast Japanese School

Analysis

Southeast Japanese School is a registered charity in United States, based in Norwalk, CA. It received its IRS tax-exemption ruling in October 1963, 63 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southeast Japanese School reported income of $425k and spending of $457k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $484k to $425k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeast Japanese School sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include St Marks United Methodist Church Foundation ($425k), Woodbury Interfaith Elderly Hous Ing Corporation ($425k) and Oak House ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 91% of the total. Other salaries and wages came to $98k. At year end it held assets of $1.2m against liabilities of $95k, net assets of $1.1m. It reported 17 employees.