Suzuki Association of the Greater Washington Area

Analysis

Suzuki Association of the Greater Washington Area is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 1974, 52 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Suzuki Association of the Greater Washington Area reported income of $126k and spending of $127k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $126k (-3.0%), an average of -3.0% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Suzuki Association of the Greater Washington Area sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include P3 Theatre Company ($126k), Warren Italian American Festival Committee Inc ($126k) and Artist Connection Theatre Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 88% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.