Nishiyamato Inc

Analysis

Nishiyamato Inc is a registered charity in United States, based in Lomita, CA. It received its IRS tax-exemption ruling in January 1994, 32 years ago. 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 March 2024, Nishiyamato Inc reported income of $3.8m and spending of $3.6m, spending 95% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $4.4m to $3.8m (-13%), an average of -3.4% a year. The sharpest change came in the year to March 2023, when income rose by 21%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nishiyamato Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Decatur Shelby County YMCA Inc ($3.8m), West Central Minnesota Educational Television Company ($3.8m) and Surprise Lake Camp ($3.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $343k (9.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $8.1m against liabilities of $1,424, net assets of $8.1m. It reported 91 employees.