Long Beach Japanese Cultural Center

Analysis

Long Beach Japanese Cultural Center is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. 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, Long Beach Japanese Cultural Center reported income of $70k and spending of $71k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $70k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Long Beach Japanese Cultural Center sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Vernonia Health Center ($70k), The Cincinnati Symphony Club ($70k) and PTA Ohio Congress ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $240k against liabilities of $22k, net assets of $218k.