North Korea Strategy Center US Inc

Analysis

North Korea Strategy Center US Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, North Korea Strategy Center US Inc reported income of $75k and spending of $78k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $75k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 49% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, North Korea Strategy Center US Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Japanese Education Exchange Fund Inc ($75k), Seed Basket Inc ($75k) and International Assistance Group Inc ($75k).

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 $12k against liabilities of $0, net assets of $12k.