Okinawa Association of America

Analysis

Okinawa Association of America is a registered charity in United States, based in Gardena, CA. It received its IRS tax-exemption ruling in October 2014, 12 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 November 2023, Okinawa Association of America reported income of $131k and spending of $155k, spending 118% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $58k to $131k (+125%), an average of +22% a year. The sharpest change came in the year to November 2020, when income rose by 123%. Over the whole period it spent 128% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Okinawa Association of America sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Band Together Pittsburgh ($131k), Beautywell Project ($131k) and Amarillo Youth Choirs Inc ($131k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $76k. At year end it held assets of $1.5m against liabilities of $296k, net assets of $1.2m. It reported 2 employees.