The Hyogo Business & Cultural Center

Analysis

The Hyogo Business & Cultural Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1995, 31 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 March 2024, The Hyogo Business & Cultural Center reported income of $255k and spending of $245k, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $259k to $255k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to March 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Hyogo Business & Cultural Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Forefront Charity ($255k), Ageno Foundation International Incorporated ($255k) and Abrahamic Reunion Inc ($255k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 94% and program service revenue 0.4% of the total. Other salaries and wages came to $80k. At year end it held assets of $229k against liabilities of $140k, net assets of $89k. It reported 2 employees.