Austin Japanese School Inc

Analysis

Austin Japanese School Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Austin Japanese School Inc reported income of $249k and spending of $253k, spending 102% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $234k to $249k (+6.2%), an average of +1.2% a year. The sharpest change came in the year to March 2023, when income rose by 109%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Austin Japanese School Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Look Its My Book Endowment ($249k), American Friends of Shlavim ($249k) and Wylie Bulldogs Education Foundation ($249k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). Other salaries and wages came to $114k. At year end it held assets of $198k against liabilities of $4,035, net assets of $194k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.