Sekai Mahikari Bunmei Kyodan U S a

Analysis

Sekai Mahikari Bunmei Kyodan U S a is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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, Sekai Mahikari Bunmei Kyodan U S a reported income of $889k and spending of $859k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $889k (-64%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sekai Mahikari Bunmei Kyodan U S a sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include The Defense Forum Foundation Inc ($889k), Bogalusa Community Medical Center ($889k) and Bradley Henry Barnes & Leila Barnes Memorial TR ($889k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $67k (7.7% of expenses). Other salaries and wages came to $203k. At year end it held assets of $7.2m against liabilities of $35k, net assets of $7.2m. It reported 16 employees.