Korean Safety Patrol Inc

Analysis

Korean Safety Patrol Inc is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Safety Patrol Inc reported income of $69k and spending of $69k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $69k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Korean Safety Patrol Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Mutual Volunteer Fire Department ($69k), Cannon Beach Fire & Rescue ($69k) and Always Wear Your Seatbelt Foundation Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,356 against liabilities of $0, net assets of $6,356.