Korean Christian Mission USA
Analysis
Korean Christian Mission USA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2004, 22 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 June 2024, Korean Christian Mission USA reported income of $423k and spending of $199k, leaving 53% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $376k to $423k (+13%), an average of +6.1% a year. Over the whole period it spent 73% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Korean Christian Mission USA sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Monroe Foundation ($423k), Tod Bush Leadership Center ($424k) and Highland Green Foundation Inc ($423k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $88k. At year end it held assets of $362k against liabilities of $539k, net assets of -$177k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Monroe Foundation | Hillside | $423k |
| Tod Bush Leadership Center | Addison | $424k |
| Highland Green Foundation Inc | Stamford | $423k |
| Haiti Episcopal Learning Programs Foundation | Kansas City | $424k |