America Korea United Society Inc

Analysis

America Korea United Society Inc is a registered charity in United States, based in Englewood Cliffs, NJ. It received its IRS tax-exemption ruling in September 2021, 5 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, America Korea United Society Inc reported income of $270k and spending of $231k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $270k (+170%), an average of +170% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 71% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, America Korea United Society Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Star of Hope International America Inc ($269k), Institute for Food and Development Policy Inc ($270k) and Global Learning Exchange Initiative ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.