Seoul National University Alumni Association in USA

Analysis

Seoul National University Alumni Association in USA is a registered charity in United States, based in Cerritos, CA. It received its IRS tax-exemption ruling in September 2001, 25 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, Seoul National University Alumni Association in USA reported income of $113k and spending of $107k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $151k to $113k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income rose by 364%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seoul National University Alumni Association in USA 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 42nd percentile within CA. Charities of a similar size with the same main cause include Donald Leonetti Elementary Parent Teacher Organization ($113k), Prostitution Research and Education ($113k) and Marble Falls Athletic Booster Club ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.