Kaizen Way Inc

Analysis

Kaizen Way Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Kaizen Way Inc reported income of $51k and spending of $54k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $51k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kaizen Way 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 20th percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Friends of Hoyt Park ($51k), George B Kelley Amateur Baseball Federation Inc ($51k) and Nigerian Soccer League ($51k).

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 $7,928 against liabilities of $0, net assets of $7,928.