Korean Emmanuel United Methodist Church

Analysis

Korean Emmanuel United Methodist Church is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in December 1969, 57 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Korean Emmanuel United Methodist Church reported income of $178k and spending of $145k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $178k (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Korean Emmanuel United Methodist Church sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Helping Hands of Cass County Inc ($178k), Northwest Apartments Inc of Weakley County TN ($178k) and Martin Luther King Leadership Development Institute ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Other salaries and wages came to $48k. At year end it held assets of $946k against liabilities of $253k, net assets of $692k. It reported 1 employees.