Japanese American Service Committee Housing Corp

Analysis

Japanese American Service Committee Housing Corp is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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, Japanese American Service Committee Housing Corp reported income of $1.7m and spending of $141k, leaving 92% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income fell from $2.7m to $1.7m (-39%), an average of -9.4% a year. The sharpest change came in the year to December 2022, when income rose by 218%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Japanese American Service Committee Housing Corp sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include The Education Foundation for Joint School District 2 Inc ($1.7m), Calhound Presbyterian Apartments Foundation ($1.7m) and Parents and Teachers Association of P S 29 Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $34.2m against liabilities of $24.3m, net assets of $10.0m.