Korean-american Association of Tacoma is a 501(c)(3) organization based in Tacoma, Washington, registered in 1994, with $64,806 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$65K
▼ 27.2% vs prior year
International median: $227K
Expenses (FY2024)
$59K
Net assets
$308K
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 Korean-american Association of Tacoma— 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 Korean-american Association of Tacoma: 63 mo reserves · +9% margin earns a B+ 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 Korean-american Association of Tacoma— 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 Korean-american Association of Tacoma: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $27K (FY2013) to $65K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
9.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$308K
Total liabilities
$0
Net assets
$308K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $64,806▼27.2% | $58,874▼40.7% | $308,334▲2.0% | $308,334▼3.1% | 990EZ |
| 2023 | $89,006▼3.9% | $99,339▲2.3% | $302,402▼3.3% | $318,211▼6.6% | 990EZ |
| 2022 | $92,633▼41.0% | $97,117▼4.7% | $312,735▼1.4% | $340,841▼4.6% | 990EZ |
| 2021 | $156,927▲239% | $101,866▲105% | $317,219▲21.0% | $357,255▲14.9% | 990EZ |
| 2020 | $46,253▼42.2% | $49,732▼37.2% | $262,158▼1.3% | $311,041▼4.9% | 990EZ |
| 2019 | $80,089▼11.3% | $79,252▼27.3% | $265,637▲0.3% | $327,092▼2.5% | 990EZ |
| 2018 | $90,315▲11.8% | $109,058▲68.9% | $264,800▼0.3% | $335,613▼2.8% | 990EZ |
| 2017 | $80,790▲7.6% | $64,581▼12.5% | $265,672▲6.5% | $345,225▲3.1% | 990EZ |
| 2016 | $75,095▼10.4% | $73,801▼3.1% | $249,463▲6.9% | $334,950▲2.4% | 990EZ |
| 2015 | $83,768▲3.3% | $76,135▲2.4% | $233,369▲153% | $327,192▲88.0% | 990EZ |
| 2014 | $81,116▲197% | $74,354▲469% | $92,185▲7.9% | $173,994▲0.8% | 990EZ |
| 2013 | $27,303 | $13,066 | $85,423 | $172,607 | 990EZ |
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.
1 grant to Korean-american Association of Tacoma totaling $9,782, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2021 | $9,782 |
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Data for Korean-american Association of Tacoma (EIN 94-3195007) 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.