Japan-America Society of Washington Inc

Analysis

Japan-America Society of Washington Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1963, 63 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 July 2023, Japan-America Society of Washington Inc reported income of $1.6m and spending of $1.7m, spending 107% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.2m to $1.6m (+36%), an average of +7.9% a year. The sharpest change came in the year to July 2022, when income rose by 126%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Japan-America Society of Washington Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include Federation of Tamil Sangams of North America ($1.6m), Social & Economic Action for Lebanon Inc ($1.6m) and General Israel Orphan Home for Girls Jerusalem Inc ($1.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 32% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $137k (8.2% of expenses). Other salaries and wages came to $284k. At year end it held assets of $1.8m against liabilities of $326k, net assets of $1.5m. It reported 9 employees.