Korean Cultural Society of Boston Inc

Analysis

Korean Cultural Society of Boston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 2014, 12 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 Cultural Society of Boston Inc reported income of $114k and spending of $116k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $114k (+8.1%), an average of +8.1% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Korean Cultural Society of Boston Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Cisd Educational Support Groups ($114k), Community Environmental Advocates Foundation Cea Foundation ($114k) and Walnut Grove HS Touchdown Club ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 20% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.