Korean American Womens Association

Analysis

Korean American Womens Association is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2005, 21 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, Korean American Womens Association reported income of $340k and spending of $289k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $660k to $340k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 344%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Korean American Womens Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Milestone Community Development ($340k), Rescu Foundation Inc ($340k) and Ascend - Leadership Through Athletics Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Other salaries and wages came to $49k. At year end it held assets of $2.0m against liabilities of $458k, net assets of $1.5m.