Japanese Institute of Sawtelle

Analysis

Japanese Institute of Sawtelle is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1948, 78 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 December 2023, Japanese Institute of Sawtelle reported income of $2.2m and spending of $405k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.2m (+78%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 316%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Japanese Institute of Sawtelle sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Berkeley Symphony Orchestra ($2.2m), Arrow Rock Lyceum ($2.2m) and United States Capitol Historical Society ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $123k (30% of expenses). Other salaries and wages came to $158k. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m. It reported 17 employees.