Korean-American Senior Citizens League of Greater Atlanta Inc

Analysis

Korean-American Senior Citizens League of Greater Atlanta Inc is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in July 2011, 15 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 December 2023, Korean-American Senior Citizens League of Greater Atlanta Inc reported income of $83k and spending of $108k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $83k (-23%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Korean-American Senior Citizens League of Greater Atlanta 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 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Torus ($83k), Preserve Academy Flight Crew ($83k) and Clarkston Education Foundation ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.