San Francisco Korean Master Chorale

Analysis

San Francisco Korean Master Chorale is a registered charity in United States, based in San Leandro, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, San Francisco Korean Master Chorale reported income of $124k and spending of $99k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $124k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, San Francisco Korean Master Chorale sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Kaw Charity ($124k), The Temple on Greene Street ($124k) and Masonic Health System of Massachusetts Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 4.6% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.