Long Island Japanese Culture Association Inc

Analysis

Long Island Japanese Culture Association Inc is a registered charity in United States, based in Roslyn HTS, NY. It received its IRS tax-exemption ruling in February 2016, 10 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 March 2024, Long Island Japanese Culture Association Inc reported income of $190k and spending of $180k, spending 95% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $99k to $190k (+91%), an average of +38% a year. The sharpest change came in the year to March 2023, when income rose by 46%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Long Island Japanese Culture Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Crossroads Community Association ($190k), Eagle Theatre Inc ($190k) and Fraser Valley Community Media ($190k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $202k against liabilities of $206k, net assets of -$3,555.