Founding President Syngman Rhee Society

Analysis

Founding President Syngman Rhee Society is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Founding President Syngman Rhee Society reported income of $265k and spending of $222k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $659k to $265k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Founding President Syngman Rhee Society sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within HI. Charities of a similar size with the same main cause include Girls Rock Des Moines ($265k), Friends of the Kotzschmar Organ Inc ($265k) and Artlink Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 44% of the total. At year end it held assets of $645k against liabilities of $0, net assets of $645k.