Songjogfoundation

Analysis

Songjogfoundation is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in July 2022, 4 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 April 2024, Songjogfoundation reported income of $143k and spending of $111k, leaving 22% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $110k to $143k (+30%), an average of +30% a year. The sharpest change came in the year to April 2024, when income rose by 30%. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Songjogfoundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OR. Charities of a similar size with the same main cause include Mukhmas Charity Fund Inc ($143k), Friends of the Missionary Servants of the Poor Foundation ($143k) and United States-China Exchange Council ($143k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 101% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.