Japanese Soc of Detroit Foundation

Analysis

Japanese Soc of Detroit Foundation is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Japanese Soc of Detroit Foundation reported income of $126k and spending of $103k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $148k to $126k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Japanese Soc of Detroit Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Pride Youth Development Foundation ($126k), Orlando Family Foundation for Charities ($126k) and Berlin Lions Charities Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.