Sacramento Valley Korean American Community

Analysis

Sacramento Valley Korean American Community is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2020, 6 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, Sacramento Valley Korean American Community reported income of $58k and spending of $63k, spending 108% of what it took in. Across the 2 years on record, from December 2017 to December 2023, income grew from $47k to $58k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sacramento Valley Korean American Community sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Mapleway Achievement Center ($58k), Meals on Wheels of Wilton Inc ($58k) and Endless Journey Hospice Care Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,717 against liabilities of $0, net assets of $7,717.