Naoko Mitsui Shirane Foundation

Analysis

Naoko Mitsui Shirane Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Naoko Mitsui Shirane Foundation reported income of $110k and spending of $97k, spending 88% of its income. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Naoko Mitsui Shirane Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Flourish Beaver County ($110k), Pride Ventures Inc ($110k) and Fort Greene Strategic Neighborhood Action Partnership ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $25k, net assets of -$1,967.