Japanese Assoc of Greater Boston Inc

Analysis

Japanese Assoc of Greater Boston Inc is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in May 1976, 50 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, Japanese Assoc of Greater Boston Inc reported income of $91k and spending of $119k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $390k to $91k (-77%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 83%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Japanese Assoc of Greater Boston Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Kuaaina Associates Inc ($91k), Upsculpt Inc ($91k) and Tai Chi Chuan Center of Milwaukee Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $40k (33% of expenses). At year end it held assets of $344k against liabilities of $0, net assets of $344k. It reported 1 employees.

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.