Korean American Disabled Peoples Association Inc

Analysis

Korean American Disabled Peoples Association Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Korean American Disabled Peoples Association Inc reported income of $65k and spending of $76k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $65k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Korean American Disabled Peoples Association Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Society of St Vincent de Paul Council of Pensacola-Tallahassee ($65k), Foundation of I Inc Freedom of the Cosmos ($65k) and Educational Center for the Visually Impaired ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $17k. At year end it held assets of $373k against liabilities of $378, net assets of $373k. It reported 2 employees.