Korean American Community Coalition

Analysis

Korean American Community Coalition is a registered charity in United States, based in Brea, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Korean American Community Coalition reported income of $82k and spending of $82k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $82k (+12%), an average of +12% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Korean American Community Coalition sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Child Evangelism Fellowship of Columbia-Montour Counties Inc ($82k), Grace Biblical Counseling Ministry ($82k) and Newark Bethel Assembly ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 34% of the total. At year end it held assets of $6,254 against liabilities of $0, net assets of $6,254.