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Hanhee Kim World Mission Center Inc

RegisteredEIN 84-1246508Denver, COReligion
Income$826k2023-12
Spending$614ksame year
Spent / received81%5-year average
Size in its cause89th pctReligion
Exempt since2012Publicly supported organisat
Employees3latest return

Analysis

Hanhee Kim World Mission Center Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2012, 14 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 December 2023, Hanhee Kim World Mission Center Inc reported income of $826k and spending of $614k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $691k to $826k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hanhee Kim World Mission Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Chinese Overseas Christian Mission Inc ($826k), Calvary Christian Assembly Inc ($826k) and Mission of Love Charities Incorporated ($826k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $123k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 3 employees.

Income and spending

$0$207k$413k$620k$826k2019 Income: $691,3162019 Spending: $730,20220192020 Income: $714,2972020 Spending: $471,88620202021 Income: $674,2142021 Spending: $454,27620212022 Income: $633,5862022 Spending: $596,18020222023 Income: $826,1542023 Spending: $614,1852023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Other 4.8%

Similar-sized charities, same cause

CharityLocationIncome
Chinese Overseas Christian Mission IncGlastonbury$826k
Calvary Christian Assembly IncMackville$826k
Mission of Love Charities IncorporatedCapitol Heights$826k
Far-Flung Tin CanChattanooga$827k