Oregon Korean Foundation

Analysis

Oregon Korean Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2024, Oregon Korean Foundation reported income of $65k and spending of $55k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $37k to $65k (+77%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 340%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oregon Korean Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within OR. Charities of a similar size with the same main cause include CLC Independent Living Inc ($65k), Cherry Creek School District Parent Teacher Community Council Inc an ($65k) and Lutheran Service Society Foundation ($65k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 22% of the total. At year end it held assets of $324k against liabilities of $2,000, net assets of $322k.