Korean Inter-Missions Network

Analysis

Korean Inter-Missions Network is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Korean Inter-Missions Network reported income of $180k and spending of $179k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $157k to $180k (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Korean Inter-Missions Network sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Sisters of St Joseph of the Catholic Archdiocese of Mombasa Ke ($180k), Sringeri Education and Vedic Academy Inc ($180k) and Holy Ground Explorations Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.