Korean Real Estate Brokers Association

Analysis

Korean Real Estate Brokers Association is a registered charity in United States, based in Buena Park, CA. It received its IRS tax-exemption ruling in December 2003, 23 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 Real Estate Brokers Association reported income of $87k and spending of $59k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $87k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Korean Real Estate Brokers Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Kids Advancing Hope Coalition ($87k), Partners in Education ($87k) and San Pedro Pirate Booster Club ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.