Dongguk University Los Angeles

Analysis

Dongguk University Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dongguk University Los Angeles reported income of $1.7m and spending of $2.0m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.7m (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2022, when income rose by 199%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dongguk University Los Angeles sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Midlands Middle College ($1.7m), Rise Resource Center Inc ($1.7m) and Oskaloosa Society for Christian Instruction ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 68% of the total. Other salaries and wages came to $909k. At year end it held assets of $10.4m against liabilities of $604k, net assets of $9.8m. It reported 50 employees.