Sejong Korean School

Analysis

Sejong Korean School is a registered charity in United States, based in Palisades PK, NJ. It received its IRS tax-exemption ruling in September 2019, 7 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, Sejong Korean School reported income of $63k and spending of $63k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $63k (+9.7%), an average of +9.7% a year. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sejong Korean School sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Azadi Project Inc ($63k), Rabbcorp Foundation ($63k) and Health Education Action League for Haiti Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.