Mukogawa Fort Wright Institute

Analysis

Mukogawa Fort Wright Institute is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mukogawa Fort Wright Institute reported income of $5.8m and spending of $5.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $5.8m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mukogawa Fort Wright Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Yeshivas Ohr Hatorah Inc ($5.8m), The Jain Family Institute ($5.8m) and Reach Up Incorporated ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 47% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $15.6m against liabilities of $857k, net assets of $14.8m. It reported 127 employees.