Japhet School Incorporated

Analysis

Japhet School Incorporated is a registered charity in United States, based in Clawson, MI. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Japhet School Incorporated reported income of $1.5m and spending of $985k, leaving 34% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $879k to $1.5m (+69%), an average of +14% a year. The sharpest change came in the year to August 2023, when income rose by 69%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Japhet School Incorporated 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 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Lenoir Community College Foundation Inc ($1.5m), Pattillo Center-School Inc ($1.5m) and Tackle Tomorrow LLC ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.8% and program service revenue 51% of the total. Other salaries and wages came to $672k. At year end it held assets of $3.1m against liabilities of $123k, net assets of $3.0m. It reported 25 employees.