Hawai I Japanese Center

Analysis

Hawai I Japanese Center is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in June 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Hawai I Japanese Center reported income of $78k and spending of $170k, spending 218% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $76k to $78k (+2.0%), an average of +0.5% a year. The sharpest change came in the year to October 2022, when income dropped by 56%. Over the whole period it spent 188% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hawai I Japanese Center sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within HI. Charities of a similar size with the same main cause include International Committee Monitoring Assisted Reproductive Technologies ($78k), Rocky Mountain Swordplay Guild ($78k) and The Arts of Kenmore ($78k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 71% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $98k (58% of expenses). At year end it held assets of $995k against liabilities of $360k, net assets of $635k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.