Shoshinkan Martial Arts Inc

Analysis

Shoshinkan Martial Arts Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shoshinkan Martial Arts Inc reported income of $60k and spending of $72k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $60k (-11%), an average of -11% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shoshinkan Martial Arts Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NV. Charities of a similar size with the same main cause include Crossroads Ranch of Harney County ($60k), Serving Marriages Inc ($60k) and B C United Outreach ($60k).

At year end it held assets of $35k against liabilities of $16k, net assets of $19k.