Korean Center Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,233 | 26,015 | −16,782 | 281.9 | 30% |
| 2012 | 22,683 | 51,128 | −28,445 | 136.9 | 15% |
| 2013 | 144,123 | 197,023 | −52,900 | 32.3 | 34% |
| 2014 | 324,890 | 314,802 | 10,088 | 21.7 | 46% |
| 2015 | 351,342 | 269,689 | 81,653 | 26.3 | 47% |
| 2016 | 370,721 | 299,243 | 71,478 | 26.2 | 59% |
| 2017 | 412,652 | 511,109 | −98,457 | 13.0 | 50% |
| 2018 | 294,372 | 379,152 | −84,780 | 14.9 | 0% |
| 2019 | 267,804 | 269,054 | −1,250 | 21.7 | 53% |
| 2020 | 476,866 | 387,936 | 88,930 | 17.8 | 50% |
| 2021 | 429,416 | 426,588 | 2,828 | 17.4 | 52% |
| 2022 | 581,990 | 430,091 | 151,899 | 21.7 | 56% |
In its most recent public year (2022), this organization brought in $151,899 more than it spent. Its reserves stood at about 21.7 months of spending, down from 281.9 in 2011. Staff pay was 56% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Korean Center Incorporated's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works