King Sejong Institute Washington DC

Analysis

King Sejong Institute Washington DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, King Sejong Institute Washington DC reported income of $152k and spending of $145k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $152k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. 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, King Sejong Institute Washington DC sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 25th percentile within DC. Charities of a similar size with the same main cause include Pennsylvania Ffa Alumni Association ($152k), Northern Virginia Wrestling Club ($152k) and Ivote Civic Education Fund Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 101% of the total. At year end it held assets of $28k against liabilities of $4,800, net assets of $23k.