Korean American Civic Empowerment for Community Inc

Analysis

Korean American Civic Empowerment for Community Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 Civic Empowerment for Community Inc reported income of $344k and spending of $396k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $344k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Korean American Civic Empowerment for Community Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Hope Mobilization Inc ($343k), Ocmulgee Court Appointed Special Advocates Inc ($344k) and Network for Strong Communities Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $218k. At year end it held assets of $331k against liabilities of $169k, net assets of $162k. It reported 8 employees.