Korean Institute of the Greater Kansas City Area

Analysis

Korean Institute of the Greater Kansas City Area is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Korean Institute of the Greater Kansas City Area reported income of $68k and spending of $72k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $68k (+6.2%), an average of +6.2% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Korean Institute of the Greater Kansas City Area sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within KS. Charities of a similar size with the same main cause include Oconomowoc Gridiron Club Inc ($68k), Pattonville High School Parent Teacher Organization ($68k) and Sitara Institute ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.