Korean American Coalition

Analysis

Korean American Coalition is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Korean American Coalition reported income of $775k and spending of $747k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $775k (+133%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Korean American Coalition sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Proyecto Inmigrante Immigration Counseling Services Inc ($775k), China Labor Watch Inc ($776k) and Council on Addiction Prevention and Education of Dutchess County ($775k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $153k (21% of expenses). Other salaries and wages came to $251k. At year end it held assets of $827k against liabilities of $321k, net assets of $507k. It reported 8 employees.