Washington Shotokan Association

Analysis

Washington Shotokan Association is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in September 1976, 50 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Washington Shotokan Association reported income of $293k and spending of $238k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $293k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Shotokan Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Rebuilding Together Henry County ($293k), Pop Warner Little Scholars Inc ($293k) and Arizona Emergency Medical Systems Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $20k. At year end it held assets of $340k against liabilities of $602, net assets of $339k. It reported 1 employees.