Korean American Naju Association of the Greater New York Inc

Analysis

Korean American Naju Association of the Greater New York Inc is a registered charity in United States, based in Bayside, NY. It received its IRS tax-exemption ruling in February 2018, 8 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 American Naju Association of the Greater New York Inc reported income of $53k and spending of $52k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $60k to $53k (-12%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 300%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Korean American Naju Association of the Greater New York Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Albion Area Public Library ($53k), Wakefield Track Boosters Club ($53k) and Friends of Walnut Creek Library ($53k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,760 against liabilities of $0, net assets of $7,760.