Japan Karate & Judo Center Inc

Analysis

Japan Karate & Judo Center Inc is a registered charity in United States, based in Reisterstown, MD. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2024, Japan Karate & Judo Center Inc reported income of $69k and spending of $69k, spending 100% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $60k to $69k (+16%), an average of +7.8% a year. The sharpest change came in the year to September 2023, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Japan Karate & Judo Center Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Solebury Soccer Club ($69k), Groton-Dunstable Youth Basketball League Inc ($69k) and Hutchinson Junior Olympic Volleyball Inc ($69k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.