Korean Medical Pracitioner Assoc of Greater New York Inc

Analysis

Korean Medical Pracitioner Assoc of Greater New York Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Korean Medical Pracitioner Assoc of Greater New York Inc reported income of $85k and spending of $87k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $80k to $85k (+6.4%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 241%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Korean Medical Pracitioner Assoc of Greater New York Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Genetic Toxicology Association ($85k), Nami Tulare County ($85k) and Soulful Living for Addiction and Long Term Recovery Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.