Takohachi Inc

Analysis

Takohachi Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 2008, 18 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 (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, Takohachi Inc reported income of $150k and spending of $104k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $150k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Takohachi Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OR. Charities of a similar size with the same main cause include American Crossroads Theatre ($150k), American Songbook Association Inc ($150k) and Chinese Seattle News ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 23% of the total. At year end it held assets of $118k against liabilities of $39, net assets of $118k.