LA Woori Community Church

Analysis

LA Woori Community Church is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2019, LA Woori Community Church reported income of $939k and spending of $672k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2018 to December 2019, income grew from $688k to $939k (+36%), an average of +36% a year. The sharpest change came in the year to December 2019, when income rose by 36%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, LA Woori Community Church sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Zomi Christian Church Inc ($938k), Created Institute Inc ($939k) and Jesus Christ Only Hope International Ministries Inc ($938k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $165k (25% of expenses). Other salaries and wages came to $2,579. At year end it held assets of $658k against liabilities of $0, net assets of $658k. It reported 7 employees.