East San Gabriel Valley Japanese Community Center
Analysis
East San Gabriel Valley Japanese Community Center is a registered charity in United States, based in West Covina, CA. It received its IRS tax-exemption ruling in January 1970, 56 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, East San Gabriel Valley Japanese Community Center reported income of $1.1m and spending of $1.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $1.1m (+73%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 94% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East San Gabriel Valley Japanese Community Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Nisei Veterans Memorial Center ($1.1m), Mount Hope Trust in Bristol ($1.1m) and Light House Studio Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 60% of the total. Other salaries and wages came to $618k. At year end it held assets of $2.2m against liabilities of $194k, net assets of $2.0m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 28%
- Program services 60%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nisei Veterans Memorial Center | Kahului | $1.1m |
| Mount Hope Trust in Bristol | Bristol | $1.1m |
| Light House Studio Inc | Charlottesvle | $1.1m |
| Community Cooperative | Washington | $1.1m |