Nihonmachi Street Fair Inc

Analysis

Nihonmachi Street Fair Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Nihonmachi Street Fair Inc reported income of $266k and spending of $279k, spending 105% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $152k to $266k (+75%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nihonmachi Street Fair Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Webber-Camden Neighborhood Organization ($266k), Cheshire Community Action Team Inc ($266k) and Kennett Collaborative Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.