Seattle Cherry Blossom and Japanese Cultural Festival Committee

Analysis

Seattle Cherry Blossom and Japanese Cultural Festival Committee is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2019, 7 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 June 2024, Seattle Cherry Blossom and Japanese Cultural Festival Committee reported income of $72k and spending of $75k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $73k to $72k (-0.7%), an average of -0.7% a year. 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, Seattle Cherry Blossom and Japanese Cultural Festival Committee sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within WA. Charities of a similar size with the same main cause include Flying Squirrels Charities ($72k), Arlington Curling Club Inc ($72k) and Central New York Action Sports Inc ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.