Shin Kenko America Inc

Analysis

Shin Kenko America Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Shin Kenko America Inc reported income of $63k and spending of $72k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $61k to $63k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 135% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shin Kenko America Inc 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 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Iglesia Cristiana Pentecostes Torre Fuerte Prov-18-10 ($63k), PCS Endowment ($63k) and Mountain of Redemption Christian Center ($63k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $29k (40% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.