California · Nonprofit
Korean Resource Center Inc
Korean Resource Center Inc (California) receives grants from 48 organizations whose IRS filings report $9,392,640 to it, the largest being THE CALIFORNIA ENDOWMENT ($1,564,300). 25 of them have funded it in more than one year.
- Revenue FY2024
- $805k
- Funders on record
- 48
- Grants received
- $9.4M
- Net assets
- $1.6M
What Korean Resource Center Inc does
Mission
To promote korean history and cultural appreciation, enhance korean heritage in the korean american community, provide social services to the korean community, empower the korean american community through civic education and civic participation, ensure community economic development and safe sanitary, and affordable housing for primarily low income persons in the city of los angeles, particularly koreatown, west los angeles, midwilshire and south los angeles.
As stated on its FY2024 Form 990.
Programs
On its FY2023 return the organization reported a significant change in how it conducts a program.
On december 8, 2023, the organization entered into an agreement to transfer the vietrise project to the tides center, a nonprofit public benefit corporation. Under the terms of the agreement, the tides center will assume all assets and liabilities related to the vietrise project.
Its own explanation, from Schedule O of that return (Part III, line 3).
Vietnamese organizing projectvietrise advances social justice and builds power with working-class vietnamese and immigrant communities in orange county. We build leadership and create systemic change through organizing, narrative change, cultural empowerment, and civic engagement. In 2023, vietrise educated, trained and outreached to more than 8,439 community members.
$556,442 spent$12,277 earned by the program46% of program spendingImmigrant legal serviceskrc provides in-language legal services and education to low-income immigrant korean americans, asian americans and pacific islanders (aapi), and other low-income communities of color. Recognized by the department of justice's board of immigration appeals (bia), accredited krc staff conduct a variety of immigration legal services at low to no cost provide linguistically and culturally appropriate legal services to our community. In 2023, krc assisted directly and provided information to over 3,631 community members.
$341,573 spent$17,727 earned by the program28% of program spendingHousingkrc's housing program provides rental housing counseling and financial management/ budget counseling to the most vulnerable members of the korean american community of greater los angeles and orange county. We seek to create safer communities and empower low-income residents of all ages through linguistically and culturally competent housing counseling including affordable housing counseling, tenants' right education and resolving financial challenges. In 2023, krc assisted directly and provided information to more than 2,500 community members.
$184,267 spent$3,297 earned by the program15% of program spendingOrganizing/civic engagement-promoting and helping korean americans and immigrants obtain american citizenship and voting rights with the greater goal of building a national movement for social change. Also, helping korean american and immigrants protect their civil rights and liberties. In 2021, krc trained korean american youth and other youth on how to build networks within the immigrant and young adult organizing spaces. They were also trained in civil engagement and on highly critical and political topics that affect immigrant communities.healthcare is a human right - everyone should have access to quality health care and public benefits. Ensure access to low-cost or free health care and coverage, with information in patients' primary languages. Preserve and fully fund the social service "safety net" for everyone. Provide low-income immigrant women and girls with access to culturally appropriate information necessary to make informed decisions about their reproductive health and rights. Reproductive health needs to be an integral part of our state safety net. The korean resource center has pioneered in multiple digital and data programmatic areas among community building…
$140,054 spent11% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,222,336.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $1.2M to $3.9M (+233%).
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.
Government-grant reliance: 2017 37% · 2018 36% · 2019 20% · 2020 36% · 2021 27% · 2023 17% · 2024 42%. Grants only. Government contracts and fees sit inside program revenue.
82% of Korean Resource Center Inc’s revenue is contributions — about as donation-reliant as the typical peer (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 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.
Chief executive
Isaac Kim
Executive director
Board chair
Zu Kim
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 9 funders to 17 funders, grant income rose $448k → $962k.
13 of 48 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% 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 Resource Center Inc’s funders (the co-funder graph). Top 30 of 48 funders by total. 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 Resource Center Inc has a broad base — no single funder exceeds 17% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
57% 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 Resource Center Inc.
Largest funder’s share by year: 2017 33% · 2018 14% · 2019 28% · 2020 25% · 2021 26% · 2022 25% · 2023 27% — 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.
How long its funders stay
41% of Korean Resource Center Inc's funders are still giving 3 years after their first grant; 52% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
56% of Korean Resource Center Inc's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.3M arriving through sponsors registered in 5 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.
Against its field
Korean Resource Center Inc is better cushioned than half of the 21,648 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,648 human services nonprofits $100k–$1M, FY2024
Organizations like Korean Resource Center 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
80%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Korean Resource Center 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 Resource Center Inc?
- Korean Resource Center Inc (California) receives grants from 48 organizations whose IRS filings report $9,392,640 to it, the largest being THE CALIFORNIA ENDOWMENT ($1,564,300). 25 of them have funded it in more than one year.
- How many funders does Korean Resource Center Inc have?
- IRS filings report 48 organizations giving $9,392,640 in grants to Korean Resource Center Inc, 25 of which have funded it in more than one year.
- Who is the largest funder of Korean Resource Center Inc?
- THE CALIFORNIA ENDOWMENT is the largest funder on record, with $1,564,300 in grants. The full list of funders is on this page.
- How can an organization like Korean Resource Center 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 48 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 22, 2026. What this page cannot tell you · view filing