American Association of Teachers of Korean

Analysis

American Association of Teachers of Korean is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in March 2017, 9 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, American Association of Teachers of Korean reported income of $113k and spending of $81k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $113k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Association of Teachers of Korean 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 GA. Charities of a similar size with the same main cause include FL Trio Inc ($113k), School at St George Place Parent Teacher Organization Incorpor ($113k) and Snohomish High School Panther Parents Club ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.