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California · Nonprofit

HOUSE OF KOREA INC

HOUSE OF KOREA INC (California) receives grants from 4 organizations whose IRS filings report $28,345 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($25,100). 3 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$34k
Funders on record
4
Grants received
$28k
Net assets
$170k
3/4 repeat funderspeak grant-dependency 9%
01What it does

What House of Korea Inc does

Mission

Primary Exempt Purpose The primary exempt purpose of House of Korea is to foster public learning and appreciation of Korean art culture and history within the local community Through a diverse range of educational programs cultural exhibitions and collaborative events the organization serves as a bridge for cross-cultural understanding We are dedicated to preserving and promoting the rich heritage of Korea by providing accessible resources and engaging experiences to the general public thereby enriching the cultural landscape of our diverse society Program Service Accomplishments During the fiscal year House of Korea successfully conducted multiple community engagement initiatives to fulfill its mission

As stated on its FY2025 Form 990-EZ.

Programs

  1. Korea-ful Night Hosted the Korea-ful Night to promote Korean culture featuring a Hanboktraditional Korean couture fashion show authentic Korean cuisine and interactive craft workshops for making traditional Korean accessories The event successfully fostered community engagement and cultural appreciation among approximately 300 attendees

    $20,198 spent
    39% of program spending
  2. Cultural Education Outreach As an HPR member in Balboa Park the organization maintained regular cottage programming including weekend open houses featuring cultural displays and educational outreach We hosted two major annual eventsthe Korean Lawn Program and December Nightsproviding thousands of visitors with experiences in traditional music dance cuisine and Korean cultural history

    $18,943 spent
    36% of program spending
  3. Program Title Scholarship Youth Leadership Community Outreach Description Managed youth cultural leadership initiatives including the House of Pacific Relations Queen Princess Program and House of Koreas Young Ambassador Program to foster leadership skills and cultural pride among the next generation Additionally conducted community outreach programs to honor and support local seniors and veterans including visitation and financial assistance for Korean War Veterans and support for the San Diego Korean Senior Association during annual events such as Parents Day

    $13,279 spentof which $7,329 as grants
    25% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $52,420.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($168k) Expenses 100 ($30k) Net assets 100 ($175k)2018 Revenue 98 ($165k) Expenses 236 ($70k) Net assets 154 ($271k)2019 Revenue 91 ($154k) Expenses 687 ($204k) Net assets 126 ($221k)2020 Revenue 54 ($91k) Expenses 27 ($8k) Net assets 94 ($165k)2021 Revenue 32 ($53k) Expenses 525 ($156k) Net assets 35 ($62k)2022 Revenue 52 ($87k) Expenses 170 ($50k) Net assets 56 ($99k)2023 Revenue 37 ($62k) Expenses 137 ($41k) Net assets 79 ($138k)2024 Revenue 37 ($62k) Expenses 140 ($42k) Net assets 91 ($159k)2025 Revenue 20 ($34k) Expenses 77 ($23k) Net assets 97 ($170k)
'17'18'19'20'21'22'23'24'25
Revenue (20)Expenses (77)Net assets (97)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $165k to $62k (−62%).

$175k
$271k
$221k
$165k
$62k
$99k
$138k
$159k
$170k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

83% of HOUSE OF KOREA INC’s revenue is contributions — more donation-reliant than the typical peer (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$139k
’17
$95k
’18
−$50k
’19
$83k
’20
−$102k
’21
$37k
’22
$21k
’23
$21k
’24
$11k
’25
41
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2017201820192020202120222023
Listed78888109
Joined·+1+0+0+0+4+0
No longer listed·000021
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $10k → $32.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 89% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HOUSE OF KOREA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HOUSE OF KOREA INC leans on a few funders — its largest provides 89% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

89% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOUSE OF KOREA INC.

89%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 99% · 2020 100% · 2021 99% · 2022 97% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

89% of HOUSE OF KOREA INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3k that is directly attributable, 100% of it comes from California funders.

CA

In-state vs out-of-state, by year

’21
’22
California out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HOUSE OF KOREA INC runs a healthier operating margin than three-quarters of the 10,242 arts & culture nonprofits its size.

Operating margin33% · top quartile
Revenue growth (annualized)−18% · below the median

this organization peer median middle 50% of peers· 10,242 arts & culture nonprofits under $100k, FY2025

Organizations like HOUSE OF KOREA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for HOUSE OF KOREA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOUSE OF KOREA INC?
HOUSE OF KOREA INC (California) receives grants from 4 organizations whose IRS filings report $28,345 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($25,100). 3 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does HOUSE OF KOREA INC have?
IRS filings report 4 organizations giving $28,345 in grants to HOUSE OF KOREA INC, 3 of which have funded it in more than one year.
Who is the largest funder of HOUSE OF KOREA INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $25,100 in grants. The full list of funders is on this page.
How can an organization like HOUSE OF KOREA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds House of Korea →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing