Japanese Academy of the Rockies a Colorado Nonprofit Corporation

Analysis

Japanese Academy of the Rockies a Colorado Nonprofit Corporation is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Japanese Academy of the Rockies a Colorado Nonprofit Corporation reported income of $156k and spending of $160k, spending 103% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $157k to $156k (-0.5%), an average of -0.5% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Japanese Academy of the Rockies a Colorado Nonprofit Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include Urban Initiatives for Development ($156k), Concordia Classical Academy Inc ($156k) and East Chambers Isd Education Foundation ($156k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $109k against liabilities of $11k, net assets of $97k.