Yu-Ai Kai Japantown Community Senior Center

Analysis

Yu-Ai Kai Japantown Community Senior Center is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Yu-Ai Kai Japantown Community Senior Center reported income of $1.9m and spending of $1.9m, spending 98% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $1.4m to $1.9m (+32%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yu-Ai Kai Japantown Community Senior Center sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Hermanitas de Los Ancianos Desamparados Inc ($1.9m), On Eagles Wings Inc ($1.9m) and Options-Interstate Resource Center for Independent Living ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $134k (7.2% of expenses). At year end it held assets of $3.1m against liabilities of $285k, net assets of $2.8m. It reported 44 employees.