Ko-Falen Cultural Center

Analysis

Ko-Falen Cultural Center is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2008, 18 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, Ko-Falen Cultural Center reported income of $54k and spending of $65k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $54k (-11%), an average of -11% a year. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ko-Falen Cultural Center sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OR. Charities of a similar size with the same main cause include Dorchester Community Center for the Visual Arts Inc ($54k), Fort Knox Spouses and Community Club Inc ($54k) and Riverside Hua Xia Chinese School Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.