Korean American Special Education Center

Analysis

Korean American Special Education Center is a registered charity in United States, based in Cypress, CA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 American Special Education Center reported income of $773k and spending of $706k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $773k (+194%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Korean American Special Education Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Pursuit of Innovation ($771k), Williamstown Youth Center Inc ($773k) and Angel Charity for Children Foundation Inc ($770k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 4.7% of the total. Other salaries and wages came to $326k. At year end it held assets of $591k against liabilities of $156k, net assets of $436k. It reported 12 employees.