Watsonville Taiko Group a Nonprofit Corp

Analysis

Watsonville Taiko Group a Nonprofit Corp is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in January 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 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 December 2023, Watsonville Taiko Group a Nonprofit Corp reported income of $68k and spending of $62k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $68k (+3.4%), an average of +3.4% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Watsonville Taiko Group a Nonprofit Corp sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Sheboygan County Aviation Corp ($68k), Northwest Junior Pipe Band ($68k) and Bright Rising Studio Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $91k against liabilities of $129, net assets of $91k.