Korean Mission Church of Oregon

Analysis

Korean Mission Church of Oregon is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 2002, 24 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 2022, Korean Mission Church of Oregon reported income of $362k and spending of $319k, spending 88% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $366k to $362k (-1.1%), an average of -0.6% a year. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Korean Mission Church of Oregon sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include World Zoroastrian Organization US Region Ltd ($362k), Cedar Rock Ministries Inc ($362k) and Juvenet International ($362k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $30k (9.4% of expenses). Other salaries and wages came to $40k. At year end it held assets of $2.7m against liabilities of $1.2m, net assets of $1.4m. It reported 1 employees.