Seoul National University College of Medicine Alumni Association Inc
Analysis
Seoul National University College of Medicine Alumni Association Inc is a registered charity in United States, based in Haymarket, VA. It received its IRS tax-exemption ruling in April 1973, 53 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 June 2023, Seoul National University College of Medicine Alumni Association Inc reported income of $289k and spending of $283k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $218k to $289k (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Seoul National University College of Medicine Alumni Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include RP Afterschool Program ($289k), Fan 4 Kids ($289k) and Delaware Law Related Education Center Inc ($289k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 25% of the total. At year end it held assets of $629k against liabilities of $454, net assets of $628k.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 25%
- Other 8.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| RP Afterschool Program | Glen Rock | $289k |
| Fan 4 Kids | Hamilton | $289k |
| Delaware Law Related Education Center Inc | Wilmington | $289k |
| Childrens Learning Path Montessori School Inc | Northbrook | $289k |