Gardena Valley Japanese Cultural Institute Housing Project

Analysis

Gardena Valley Japanese Cultural Institute Housing Project is a registered charity in United States, based in Gardena, CA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Gardena Valley Japanese Cultural Institute Housing Project reported income of $2.7m and spending of $2.0m, leaving 25% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.2m to $2.7m (+25%), an average of +4.6% a year. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gardena Valley Japanese Cultural Institute Housing Project sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Berkshire Fund Inc ($2.7m), St Stephen Inc ($2.7m) and Habitat for Humanity Merced Stanisl Aus Counties ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $5.7m against liabilities of $2.2m, net assets of $3.5m.