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Pennsylvania · Nonprofit

Korean American Association of Greater Philadelphia

Korean American Association of Greater Philadelphia (Pennsylvania) receives grants from 3 organizations whose IRS filings report $88,246 to it, the largest being VNA FOUNDATION OF GREATER NORTH PENN ($59,025). 2 of them have funded it in more than one year.

Revenue FY2024
$90k
Funders on record
3
Grants received
$88k
Net assets
$299k
2/3 repeat funderspeak grant-dependency 22%
01What it does

What Korean American Association of Greater Philadelphia does

Programs

  1. The assocition offers scholarship to the Korean-American Community group.

    $20,321 spentof which $9,520 as grants$-936 earned by the program
    47% of program spending
  2. The association sponsors various events to promote mutual friendship among Koreans and presents Korean culture to the community,

    $22,030 spentof which $21,770 as grants$260 earned by the program
    51% of program spending
  3. The association outreaches to the entire community offering contribution, free legal advise services and consular services.

    $940 spent$-940 earned by the program
    2% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $43,291.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($109k) Expenses 100 ($116k) Net assets 100 ($264k)2020 Revenue 124 ($135k) Expenses 102 ($119k) Net assets 106 ($279k)2021 Revenue 102 ($111k) Expenses 117 ($136k) Net assets 96 ($254k)2022 Revenue 122 ($132k) Expenses 113 ($131k) Net assets 100 ($264k)2023 Revenue 64 ($69k) Expenses 61 ($71k) Net assets 97 ($256k)2024 Revenue 83 ($90k) Expenses 40 ($47k) Net assets 113 ($299k)
201920202021202220232024
Revenue (83)Expenses (40)Net assets (113)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 $339k to $314k (−7%).

$324k
$339k
$314k
$324k
$316k
$299k
201920202021202220232024
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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 25% · 2020 45% · 2021 34% · 2022 8% · 2023 26% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.

100% of Korean American Association of Greater Philadelphia’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 19,498 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

−$8k
’19
$15k
’20
−$25k
’21
$1k
’22
−$2k
’23
$43k
’24
77
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.

Board chair

Kyong Yi

Chairperson

As listed on its FY2024 Form 990.

201920202021202220232024
Listed151112121414
Joined·+4+2+0+9+0
No longer listed·81070
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $10k → $15k.

Funder
'19
'20
'21
'22
'23
total
funders
1
2
2
1
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% 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 Korean American Association of Greater Philadelphia’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

Korean American Association of Greater Philadelphia leans on a few funders — its largest provides 67% 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

100% 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 Korean American Association of Greater Philadelphia.

67%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 71% · 2021 57% · 2022 100% · 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

100% of Korean American Association of Greater Philadelphia's grant income comes from Pennsylvania funders.

PA

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

’19
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state 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

Korean American Association of Greater Philadelphia runs a healthier operating margin than three-quarters of the 14,851 human services nonprofits its size.

Operating margin48% · top quartile
Months of reserve77.1mo · top quartile
Revenue growth (annualized)−4% · above the median

this organization peer median middle 50% of peers· 14,851 human services nonprofits under $100k, FY2024

Organizations like Korean American Association of Greater Philadelphia

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 Pennsylvania

Nationally

05Profile & governance

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

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

15
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

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

Screen this organization

A dated, signed PDF of the compliance screen for Korean American Association of Greater Philadelphia: 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 Korean American Association of Greater Philadelphia?
Korean American Association of Greater Philadelphia (Pennsylvania) receives grants from 3 organizations whose IRS filings report $88,246 to it, the largest being VNA FOUNDATION OF GREATER NORTH PENN ($59,025). 2 of them have funded it in more than one year.
How many funders does Korean American Association of Greater Philadelphia have?
IRS filings report 3 organizations giving $88,246 in grants to Korean American Association of Greater Philadelphia, 2 of which have funded it in more than one year.
Who is the largest funder of Korean American Association of Greater Philadelphia?
VNA FOUNDATION OF GREATER NORTH PENN is the largest funder on record, with $59,025 in grants. The full list of funders is on this page.
How can an organization like Korean American Association of Greater Philadelphia find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 Korean American Association of Greater Philadelphia →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 3 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