New Jersey · Nonprofit
KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC
KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC (New Jersey) receives grants from 3 organizations whose IRS filings report $100,000 to it, the largest being The New York and Presbyterian Hospital ($50,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $480k
- Funders on record
- 3
- Grants received
- $100k
- Net assets
- $199k
What Korean American Medical Association of USA Inc does
Mission
The purposes for which the corporation is formed are to provide both domestic and foreign support to doctors, medical students, and other healthcare providers deserving of assistance. More specifically, the purposes of the corporation shall include the following: (I) providing funding and support to disadvantaged students seeking an edcuation in the medical field; (ii) scholarships and fellowships to medical students and doctors and providing training through various exchange programs; (iii) distributing medical equipment, materials, and supplies to healthcare providers in need of assistance; (iv) supporting other organizations that provide the foregoing services consistent with the corporations purposes; and (v) to do any other act or thing necessary or incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of its members, if any, directors, officers, except as permitted by law.
As stated on its FY2024 Form 990.
Programs
To provide domestic and foreign support to medical associations, doctors, medical students, and healthcare providers deserving of assistance.
$347,335 spent99% of program spendingTo provide community service and education to doctors and medical students.
$2,650 spent1% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $349,985.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $7k to $269k (+3738%).
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.
98% of KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.
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
Chester Koh
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2022: the base broadened from 1 funder to 2 funders, grant income held at $50k.
From the IRS filings of KOREAN AMERICAN MEDICAL ASSOCIATION OF USA 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
KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC leans on a few funders — its largest provides 50% 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 MEDICAL ASSOCIATION OF USA INC.
Largest funder’s share by year: 2020 100% · 2022 50% — diversifying over time.
“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
KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC draws 100% of its grant income from funders outside New Jersey, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Against its field
KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC runs a healthier operating margin than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like KOREAN AMERICAN MEDICAL ASSOCIATION OF USA 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 New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for KOREAN AMERICAN MEDICAL ASSOCIATION OF USA 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.
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 MEDICAL ASSOCIATION OF USA INC?
- KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC (New Jersey) receives grants from 3 organizations whose IRS filings report $100,000 to it, the largest being The New York and Presbyterian Hospital ($50,000). 0 of them have funded it in more than one year.
- How many funders does KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC have?
- IRS filings report 3 organizations giving $100,000 in grants to KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC.
- Who is the largest funder of KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC?
- The New York and Presbyterian Hospital is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. 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 Medical Association of USA →
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