Newport News Japanese School Inc

Analysis

Newport News Japanese School Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in June 1994, 32 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 school under section 501(c)(3).

In the financial year ending March 2024, Newport News Japanese School Inc reported income of $140k and spending of $117k, spending 83% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $154k to $140k (-9.0%), an average of -9.0% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Newport News Japanese School Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Spencer Cable Access Corporation ($140k), Boston Comic Arts Foundation Limited ($140k) and Harvard-Radcliffe Collegium Musicum Foundation Inc ($140k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.