Urasenke Foundation of California

Analysis

Urasenke Foundation of California is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2023, Urasenke Foundation of California reported income of $286k and spending of $281k, spending 98% of its income. Across the 3 years on record, from March 2020 to March 2023, income fell from $309k to $286k (-7.6%), an average of -3.9% a year. The sharpest change came in the year to March 2022, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Urasenke Foundation of California sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Integral Ballet School Inc ($286k), Metro Chamber Orchestra Incorporated ($286k) and Kake Tribal Heritage Foundation ($286k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $129k (46% of expenses). At year end it held assets of $596k against liabilities of $0, net assets of $596k.