Fred T Korematsu Institute is a 501(c)(3) organization based in San Francisco, California, registered in 2017, with $402,608 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$403K
▼ 37.9% vs prior year
Education median: $200K
Expenses (FY2024)
$475K
Net assets
$251K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fred T Korematsu Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fred T Korematsu Institute: 6 mo reserves · -18% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fred T Korematsu Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fred T Korematsu Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $454K (FY2017) to $403K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-18.0%
Spent more than it raised in the latest fiscal year.
Total assets
$314K
Total liabilities
$63K
Net assets
$251K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $402,608▼37.9% | $475,130▲31.1% | $250,967▼28.5% | $313,772▼17.6% | 990 |
| 2023 | $648,594▲828% | $362,432▲164% | $350,758▲1017% | $380,591▲1112% | 990 |
| 2022 | $69,898▼74.8% | $137,411▼54.3% | $31,393▼68.3% | $31,393▼68.3% | 990 |
| 2021 | $277,076▼19.9% | $300,389▲21.9% | $98,906▼19.1% | $98,906▼34.4% | 990 |
| 2020 | $346,061▲55.1% | $246,389▼10.1% | $122,219▲442% | $150,790▲153% | 990 |
| 2019 | $223,191▼29.9% | $274,052▼21.3% | $22,547▼69.3% | $59,586▼18.8% | 990 |
| 2018 | $318,216▼29.9% | $348,128▼2.2% | $73,408▼29.0% | $73,408▼29.0% | 990 |
| 2017 | $454,146 | $355,977 | $103,320 | $103,320 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
19 grants to Fred T Korematsu Institute totaling $302K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Civil Liberties Union Foundation Inc | Affiliate program | 2023 | $15,000 |
| Donor Advised Charitable Giving | Education | 2023 | $12,475 |
| Network For Good Inc | Unrestricted | 2022 | $20,868 |
| Donor Advised Charitable Giving | Education | 2022 | $8,650 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $5,200 |
| Gofundme Org | Support aapi | 2021 | $25,000 |
| Network For Good Inc | Unrestricted | 2021 | $18,127 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $8,085 |
| Donor Advised Charitable Giving | Education | 2021 | $5,400 |
| Network For Good Inc | Unrestricted | 2020 | $22,951 |
| East Bay Community Foundation | General support for education and advocacy work for civil rights | 2020 | $20,000 |
| Donor Advised Charitable Giving | Education | 2020 | $12,550 |
| Donor Advised Charitable Giving | Education | 2020 | $12,550 |
| Mightycause Charitable Foundation | Unrestricted | 2020 | $7,600 |
| Network For Good Inc | Unrestricted | 2019 | $23,562 |
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Data for Fred T Korematsu Institute (EIN 81-3400947) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.