Sogang Alumni America

Analysis

Sogang Alumni America is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sogang Alumni America reported income of $79k and spending of $73k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $558k to $79k (-86%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sogang Alumni America sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Arkansas Lawyer Assistance Programfoundation ($79k), Amhs Partners in Education ($79k) and Kuna Education Foundation Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.