Dosan Memorial Foundation of Americas

Analysis

Dosan Memorial Foundation of Americas is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Dosan Memorial Foundation of Americas reported income of $274k and spending of $121k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $274k (+642%), an average of +642% a year. The sharpest change came in the year to December 2023, when income rose by 642%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dosan Memorial Foundation of Americas 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 62nd percentile within CA. Charities of a similar size with the same main cause include The Florida Center for Government Accountablility Inc ($274k), Richmond Parade Inc ($274k) and Eastside Residential Opportunities ($274k).

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.