Okinawa Institute of Science and Technology Foundation Inc

Analysis

Okinawa Institute of Science and Technology Foundation Inc is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Okinawa Institute of Science and Technology Foundation Inc reported income of $75k and spending of $104k, spending 140% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $471k to $75k (-84%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Okinawa Institute of Science and Technology Foundation Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Redeemer Ministries Inc ($75k), World of Good Incorporated ($75k) and Hope Events Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $299k against liabilities of $1,656, net assets of $297k.