Nihonmachi Little Friends

Analysis

Nihonmachi Little Friends is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Nihonmachi Little Friends reported income of $2.7m and spending of $2.7m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $2.7m (+30%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nihonmachi Little Friends 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 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Homeless Coalition of Palm Beach County Inc ($2.7m), Hope Pregnancy Care Center ($2.7m) and Boat People S O S Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $121k (4.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.9m against liabilities of $1.8m, net assets of $4.1m. It reported 31 employees.