Korean Baptist Press of the United States Inc

Analysis

Korean Baptist Press of the United States Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Baptist Press of the United States Inc reported income of $212k and spending of $208k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $212k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Korean Baptist Press of the United States Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include World Wide Association of Small Churches Inc ($212k), Walk with the King Inc ($212k) and JMH Ministries ($211k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $33k (16% of expenses). Other salaries and wages came to $21k. At year end it held assets of $5,885 against liabilities of $0, net assets of $5,885. It reported 1 employees.