Capital Area Budokai Inc

Analysis

Capital Area Budokai Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 2010, 16 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, Capital Area Budokai Inc reported income of $60k and spending of $31k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $81k to $60k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Capital Area Budokai Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within VA. Charities of a similar size with the same main cause include Kansas International Film Festival Inc ($60k), Armed Forces Museum Foundation ($60k) and Baxter Springs Historical Society ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.