Korean-American Youth Assistance Coalition Inc

Analysis

Korean-American Youth Assistance Coalition Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Youth Assistance Coalition Inc reported income of $387k and spending of $359k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $387k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 477%. Over the whole period it spent 80% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Korean-American Youth Assistance Coalition Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Mayan Hands Foundation Ltd ($387k), Living Water World Missions ($387k) and Unatti Foundation ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. At year end it held assets of $526k against liabilities of $0, net assets of $526k.