The Central Korean School

Analysis

The Central Korean School is a registered charity in United States, based in Centreville, VA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Central Korean School reported income of $182k and spending of $164k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $182k (+13%), an average of +13% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Central Korean School sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Addition Financial Foundation Inc ($182k), Resilient NFP ($182k) and Gen Giammanco Foundation ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.