Friends of Kyoto University North America Branch

Analysis

Friends of Kyoto University North America Branch is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Friends of Kyoto University North America Branch reported income of $2.3m and spending of $136k, leaving 94% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $100k to $2.3m (+2180%), an average of +378% a year. The sharpest change came in the year to December 2023, when income rose by 2180%. Over the whole period it spent 13% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Kyoto University North America Branch sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Tavern Guild Foundation of San Francisco Inc ($2.3m), Twin Lakes Food Bank ($2.3m) and Childrens Golf Foundation Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.