Korean American Spine Society

Analysis

Korean American Spine Society is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Spine Society reported income of $273k and spending of $279k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $273k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 228%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Korean American Spine Society sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Childrens Center of North Harford ($273k), Universities Council of Water Resources Inc ($273k) and Cornerstone Cottage School Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.