United Korean Association of Hawaii

Analysis

United Korean Association of Hawaii is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, United Korean Association of Hawaii reported income of $254k and spending of $358k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $254k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 145% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Korean Association of Hawaii sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within HI. Charities of a similar size with the same main cause include Perfect Seva Inc ($254k), Lto Ventures ($254k) and Alstrom Syndrome International ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $31k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 3 employees.