National Japanese American Memorial Foundation

Analysis

National Japanese American Memorial Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, National Japanese American Memorial Foundation reported income of $215k and spending of $184k, spending 86% of its income. Across the 6 years on record, from November 2019 to December 2023, income grew from $187k to $215k (+15%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 729%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Japanese American Memorial Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 30th percentile within DC. Charities of a similar size with the same main cause include Little League Baseball Inc ($215k), First Baptist Church of Hudson ($215k) and Association of Christian Truckers Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $733k against liabilities of $2,640, net assets of $731k.