Nishimachi Foundation

Analysis

Nishimachi Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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, Nishimachi Foundation reported income of $236k and spending of $153k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $252k to $236k (-6.3%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nishimachi Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 52nd percentile within DE. Charities of a similar size with the same main cause include Wilson Disease Association ($236k), A H S Community Services Inc ($236k) and Greater Rumford Community Center ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.