San Fernando Valley Japanese American Community Center

Analysis

San Fernando Valley Japanese American Community Center is a registered charity in United States, based in Pacoima, CA. It received its IRS tax-exemption ruling in March 1971, 55 years ago. 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 December 2023, San Fernando Valley Japanese American Community Center reported income of $675k and spending of $617k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $735k to $675k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Fernando Valley Japanese American Community Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Over-The-Rhine South Special Improvement District of Cincinnati ($675k), Oklahoma Association of Area Agencies on Aging ($675k) and Medgar Evers Educational Foundation Inc ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 27% of the total. Other salaries and wages came to $77k. At year end it held assets of $5.2m against liabilities of $100k, net assets of $5.1m.