The Japanese Medical Society of America Inc

Analysis

The Japanese Medical Society of America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, The Japanese Medical Society of America Inc reported income of $238k and spending of $254k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $261k to $238k (-9.1%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Japanese Medical Society of America Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include NMF VI ($238k), People Advocating Recovery Inc ($238k) and New Horizons Community Wellness Center ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $257k against liabilities of $12k, net assets of $245k.