Onnuri Church of Anchorage

Analysis

Onnuri Church of Anchorage is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Onnuri Church of Anchorage reported income of $295k and spending of $315k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $417k to $295k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Onnuri Church of Anchorage sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 56th percentile within AK. Charities of a similar size with the same main cause include Christian Performing Artists Fellowship ($295k), Collegium ($295k) and Global Ministries Network Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $121k (38% of expenses). At year end it held assets of $1.3m against liabilities of $150k, net assets of $1.1m. It reported 2 employees.