Korean Adoptees Ministry Center

Analysis

Korean Adoptees Ministry Center is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Adoptees Ministry Center reported income of $115k and spending of $110k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $115k (-3.0%), an average of -3.0% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Korean Adoptees Ministry Center 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 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Rwandan Orphans Project ($115k), Backpack Project Inc ($115k) and Grace Community Food Pantry ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (18% of expenses). Other salaries and wages came to $60k. At year end it held assets of $100k against liabilities of $0, net assets of $100k. It reported 5 employees.