Washington Korean Womens Society Culture and Scholarship Fund Inc

Analysis

Washington Korean Womens Society Culture and Scholarship Fund Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Washington Korean Womens Society Culture and Scholarship Fund Inc reported income of $80k and spending of $64k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $80k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Korean Womens Society Culture and Scholarship Fund Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Artlands Creative ($80k), Quantum Future Group ($80k) and Figment Project Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.