Sisters of the Blessed Korean Martyrs

Analysis

Sisters of the Blessed Korean Martyrs is a registered charity in United States, based in Bellflower, CA. It received its IRS tax-exemption ruling in March 1946, 80 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 2023, Sisters of the Blessed Korean Martyrs reported income of $611k and spending of $599k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $756k to $611k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 15%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sisters of the Blessed Korean Martyrs sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Jesus Cares - McNairy County ($611k), Orchard Resources Inc ($611k) and Mission Sports Inc ($611k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $102k. At year end it held assets of $3.0m against liabilities of $1,662, net assets of $3.0m. It reported 17 employees.