Japanese Language School of Raleigh Frank Supple

Analysis

Japanese Language School of Raleigh Frank Supple is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in January 1988, 38 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), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Japanese Language School of Raleigh Frank Supple reported income of $296k and spending of $286k, spending 97% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $293k to $296k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to March 2022, when income rose by 62%. Over the whole period it spent 98% 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 Language School of Raleigh Frank Supple sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Northern Rockies Heritage Center Inc ($296k), Waters Farm Preservation Inc ($297k) and Festa Italiana ($296k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $131k. At year end it held assets of $233k against liabilities of $8,091, net assets of $225k. It reported 26 employees.