Tohkon Judo Academy Inc

Analysis

Tohkon Judo Academy Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Tohkon Judo Academy Inc reported income of $342k and spending of $149k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $136k to $342k (+151%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tohkon Judo Academy Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include W T Swim Club Inc ($342k), Dallas Classic Baseball Inc ($342k) and Girls on the Run of Greater Richmond ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $50k (34% of expenses). At year end it held assets of $335k against liabilities of $60k, net assets of $275k. It reported 1 employees.