Matsuri Foundation U S

Analysis

Matsuri Foundation U S is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Matsuri Foundation U S reported income of $102k and spending of $448k, spending 440% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $518k to $102k (-80%), an average of -42% a year. The sharpest change came in the year to June 2022, when income rose by 33220%. Over the whole period it spent 6.6% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Matsuri Foundation U S sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within WA. Charities of a similar size with the same main cause include Taylor McKeen Shelton Foundation ($102k), Friends of Joseph Ukpo Hospital and Research Institute ($102k) and Connecting Hearts ($102k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 119% of the total. At year end it held assets of $14.1m against liabilities of $0, net assets of $14.1m.