New Korean School of Dallas

Analysis

New Korean School of Dallas is a registered charity in United States, based in Allen, TX. It received its IRS tax-exemption ruling in November 2020, 6 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, New Korean School of Dallas reported income of $343k and spending of $304k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $308k to $343k (+11%), an average of +5.5% a year. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Korean School of Dallas sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include A Better Chance of Wilton Inc ($343k), Cornerstone Academy ($343k) and HP Centennial Event ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.