Eagle River Korean Baptist Church

Analysis

Eagle River Korean Baptist Church is a registered charity in United States, based in Eagle River, AK. It received its IRS tax-exemption ruling in December 1963, 63 years ago. 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, Eagle River Korean Baptist Church reported income of $124k and spending of $133k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $124k (-4.9%), an average of -4.9% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eagle River Korean Baptist Church sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 38th percentile within AK. Charities of a similar size with the same main cause include Access Empowerment ($124k), Cynthia Ann Parker Parent Teacher Organization ($124k) and National Ambucs Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.