K J Choi Foundation

Analysis

K J Choi Foundation is a registered charity in United States, based in Westlake, TX. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, K J Choi Foundation reported income of $373k and spending of $387k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $373k (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 281%. Over the whole period it spent 68% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, K J Choi Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Global Goods Partners ($373k), Georgie Badiel Foundation Inc ($374k) and Lost & Found Internatinal Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $735k against liabilities of $47k, net assets of $688k.