Jean Kim Foundation for the Homeless Education

Analysis

Jean Kim Foundation for the Homeless Education is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jean Kim Foundation for the Homeless Education reported income of $189k and spending of $310k, spending 164% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $229k to $189k (-17%), an average of -9.1% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jean Kim Foundation for the Homeless Education sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Lowville Food Pantry ($189k), Mental Health Programs Inc VIII ($189k) and Race Track Chaplaincy of America Pa Division Inc ($189k).

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 $51k against liabilities of $0, net assets of $51k.