Korean Catholic Broadcasting Station Inc

Analysis

Korean Catholic Broadcasting Station Inc is a registered charity in United States, based in Palisades PK, NJ. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Korean Catholic Broadcasting Station Inc reported income of $87k and spending of $126k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $87k (-5.5%), an average of -5.5% a year. Over the whole period it spent 134% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Korean Catholic Broadcasting Station Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Family of Loving Disciples ($87k), Great Love of Confucianism and Tao Association Inc ($87k) and First Pursuit ($87k).

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 $59k against liabilities of $3,851, net assets of $55k.