Japan America Society of Chicago Inc

Analysis

Japan America Society of Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1960, 66 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Japan America Society of Chicago Inc reported income of $1.6m and spending of $446k, leaving 72% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $506k to $1.6m (+211%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 184%. Over the whole period it spent 58% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Japan America Society of Chicago Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Global Jewish Assistance and Relief Network ($1.6m), Tutapona Inc ($1.6m) and Business Council for Peace Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 5.8% of the total. At year end it held assets of $2.4m against liabilities of $357k, net assets of $2.0m. It reported 3 employees.