Taiko Community Alliance

Analysis

Taiko Community Alliance is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Taiko Community Alliance reported income of $238k and spending of $364k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $359k to $238k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income dropped by 72%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taiko Community Alliance sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include The Thrift Shop ($238k), Irish-American Heritage Museum ($238k) and Quilters Guild of Dallas Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $96k (26% of expenses). At year end it held assets of $90k against liabilities of $6,326, net assets of $84k. It reported 4 employees.