Clifton Korean Baptist Church

Analysis

Clifton Korean Baptist Church is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in December 1968, 58 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clifton Korean Baptist Church reported income of $84k and spending of $104k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $145k to $84k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clifton Korean Baptist Church sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Journeys of the Heart ($84k), Southwest Emergency Services Inc ($84k) and Family Career and Community Leaders of America Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (41% of expenses). At year end it held assets of $460k against liabilities of $97k, net assets of $363k. It reported 1 employees.