Korean Kids and Orphanage Outreach Mission

Analysis

Korean Kids and Orphanage Outreach Mission is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Korean Kids and Orphanage Outreach Mission reported income of $135k and spending of $154k, spending 114% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $182k to $135k (-26%), an average of -26% a year. The sharpest change came in the year to September 2023, when income dropped by 26%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Korean Kids and Orphanage Outreach Mission sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Pretty Purposed ($135k), Born 2 Be Therapeutic Equestrian Center Inc ($135k) and Alabama Association for Gifted Children ($135k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $210k against liabilities of $3,535, net assets of $206k.