Korean Secular Order of Discalced Carmelites U S a

Analysis

Korean Secular Order of Discalced Carmelites U S a is a registered charity in United States, based in LA Habra, CA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Korean Secular Order of Discalced Carmelites U S a reported income of $57k and spending of $54k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $57k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Korean Secular Order of Discalced Carmelites U S a sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Go Ministry International ($57k), Progressive Worship Center ($57k) and Bridge Builders Global Corporation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.